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Thursday, December 10, 2009
Pay Attention to Lender Closing Costs
Save this form and bring it with you to closing. The lender fees should not change at all from the time you received the GFE at application to the time you are sitting at the closing table. If they did change, you should have received a call and an explanation from your loan officer well before closing.
New laws and lender requirements force lenders to be more upfront and transparent with their fees and charges. Just make sure that you are paying attention.