GFE Feedback

[stevie]

Hi All - getting ready to close later this month on home , would love some feedback on the GFE and if it looks fair?? TU 693, EFX 717, EXP 741.

Thanks!!

 

Sale: $420K

Loan $336K

Interest % 4.375%

Close Date: 8.24.2014

1. Origination charge $995

2. Lender Credit -$1787.52

A = -$792.50

 

B

3. Settlement Charge

a. Appraisal $400

b. Credit Report $20

4. Lender Title Insurance $1497

5. Owners Title $940

6. –

7. Govern. Recording $70

8. Transfer Taxes $1428

9. Deposit Escrow $3062.50 Ins 13 mn @ $62.50= $812.50 + Taxes 6 @ $375 = $2250

10 Daily Interest $402.74 10 Days @ $40.27 = $402.74

 

B= Total Charges for All Other Settlement Services: $7820.24

A+B Total Estimated Settlement Charges $7027.72

 

 

[Brian B The Loan Professor]

I dont see anything that stands out as a concern -

Did you lock in the rate? After the chaos in the market we should see rates come down some -

B