It is always a good idea to talk to two or possibly more lender's to see what rates and fees that they will charge you.
Your agent should look at the good faith estimate and explain all the fees. Your agent should be able to negotiate these fees fown on your behalf too.
A seller can pay buyers closing costs or pay pintson the buyers loan which is also very beneficial to a buyer.
There are many areas where you can negotiate to favour both parties involved.
Your agent should be able to help you with this. This is part of the service a strong experienced Realtor can provide
Hope this helps and Happy Holidays to you
First Team Real Estate
In a real estate contract all things are negotiable. Sellers are under no obligation to pay buyer's closing costs, so if they choose to put a restriction on when and how they will pay them, that is all part of the negotiation. If their lender can offer you as good a deal as your lender, then it is a win-win for both of you. If their lender is higher, bring them your good faith estimate from your lender and see if they will match it. Since loan terms and costs are also negotiable, you might find that you are, again, in a great position to prosper from this arrangement.
Ask you realtor to help you negotiate these items. That is part of the value they should bring to the table in representing you as a Buyer's Agent. It is part of what I do to insure that my clients get a great deal on a great house with great terms. Dare to Dream.
Real Estate Consultant
RE/MAX Palos Verdes Realty