I'll make this short and sweet. You can be taken advantage of for as long as 30 years when you buy a home. Most loan officers are good people but they also need to make a living. That being said, there is a secret to their income that some know but most don't. Your rate and house payment is dependent upon your loan officier commission. When I buy food at a store I know what I am paying for. When I get a mortgage I have no idea. Everyone brags about what a great negotiator they are, especially if they got a no closing cost loan. The fees aren't made up, they have to be paid. Is your loan officer just such a great guy/gal that they pay them for you? Can they waive the fees that come form other companies associated with the loan? How do all these things get paid? Answer: in your rate. If there are fees you choose to add to your loan or pay for up front, does that mean a hire payment for the next 30 years? no. If we raise your rate to afford all these fees, we are doing you a disservice. Loans cost money to get into no matter what. Most loan officers have the theory of getting every one interested first and then tring to sell them on a rate later. With me I am hated by most who know me in this industry because I let you choose. I also have a low compensation plan so we have more options. I do charge a fee as an originator. I just respect you enough to know what it is. I also let you choose where it goes and how it impacts what you pay for the next 30 years. Call me, email me, or go to the credit union or bank and probably have an okay experience but a retail rate. If I can't finance your unique situation, I will help build your credit at no cost or even look at your paperwork to help make sure you are not getting taken advantage of.
Good luck, and give me a call.