Archive for: November 28, 2006

A lender will usually prepare a “Good Faith Estimate” of closing costs.  The lender prepares the estimate of the costs you may have when buying or refinancing your home but may not list all potential costs. The lender may not …

A mortgage broker is the loan officer for wholesale lenders.  The broker gets a low rate from the wholesale lender, the broker adds on his compensation, and the rate is usually about the same as you would get if you …