i have estiamte from 3 different how can i tell if they are overcharging me the rate is all about the same but the fees differ
2007-08-25 09:29:00 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
if the rate is the same i would just go with the low bidder!!!
2007-08-29 07:01:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The single best indication of overcharging is that they are offering you a loan. A more practical answer if you actually get a loan is to find someone that can help you understand all the fees and compare the loans. DON'T take their word for which loan is best. Make sure you understand WHY it is best.
2007-08-25 13:26:23 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Lenders differ and many time you take the less expensive then get to closing and find out the closing costs are really just as high as the others said to begin with.
Type out your GFE's and maybe we can tell you where there are suspicious items.
2007-08-25 09:33:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Or find a friend or lawyer or real estate agent who understands this stuff, and have them read all the quotations.
2007-08-25 09:49:02 · answer #4 · answered by hottotrot1_usa 7 · 0⤊ 0⤋
if they have the word "bank" or "lender" in their name...its pretty much a sure bet :)
2007-08-25 10:33:06 · answer #5 · answered by Anonymous · 0⤊ 0⤋