When comparing GFEs on a refi or new mortgage…is the buyer’s agent the most reliable individual to review the terms and fees? Is there someone else that would be more appropriate to compare? I feel I have a good sense of the phony fees but at this point I am not ready to be SURE.
review for what? compare to what?
everything except interest and taxes is negotiable.
Just review the fees associated with the closing and the lender. Many lenders will charge fees that can be negotiated down or out. One GFE next to another will allow me to know which deal is better for me. Again…you’re talking to a rookie.
The good faith estimate should be considered just that. An estimate. Many times borrowers want to see a GFE before they will allow the lender to pull credit. Once credit is pulled the pricing can change drastically.