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Godhumor

(6,437 posts)

3. Quick answer, no they are not screwing you

Reply to sorefeet (Original post)

Wed Apr 30, 2014, 08:23 AM

Apr 2014

But you may end up paying a bit more. When you lock into a pre-close agreement, it will have an item for how long the interest rate listed will be held--in most cases, it is a term of 60 to 90 days. After that time, the loaner will either charge "points" or a flat fee to hold the rate for another preset period of days (generally 15 to 30). The farther away from the original agreement signing, the more each additional extension will cost.

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So, are they trying to screw me(real estate) [View all] sorefeet Apr 2014 OP

I always assume the worst about real estate brokers, banks, and their servicers. ananda Apr 2014 #1

Loan origination fees and interest rates pipoman Apr 2014 #2

Quick answer, no they are not screwing you Godhumor Apr 2014 #3

It depends on day of month Old Codger Apr 2014 #4

Thanks everyone sorefeet Apr 2014 #6

Is it the cold that is preventing painting? MineralMan Apr 2014 #5

Thanks MineralMan sorefeet Apr 2014 #7

I'm sorry you're having this delay. MineralMan Apr 2014 #8