Got this loan estimate and some of the fees seem high compared to what I’ve seen posted around here another subs. What in this estimate is negotiable or unrealistic? He set the interest rate on the estimate to 4.5% to be conservative for underwriting purposes since we are waiting on a CO for the house that could possibly take another two months to receive. We’d actually be looking at 4.2% or lower if we were looking to lock soon, but we don’t want to until the end is in sight for the CO from the town.
This is Suffolk County, NY. The LO is the friend of a great friend of mine who referred me to him, so I trust him but I have to do my due diligence. Estimate below:
https://i.imgur.com/k9zmrNe.png – Page 1
https://i.imgur.com/5ZSH0sc.png – Page 2