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What are reasonable lender fees for a $400K condo?

I have been seeing anywhere from $595.00- $2k by kudjsb78t952 from Scottsdale, Arizona. Jan 30th 2018 Reply


Bradley Manhoff (Autobahn)
#4 ranked lender in Arizona - 9 contributions

as far underwriting we have an average of about $995 that we see...

Jan 30th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,486 contributions

More info needed.. but in general.. you need to look at the complete picture.. Interest rate, and lender fee's.. The average across the board Lender fee here in AZ is about $1500. But lenders can offer credits to offset that charge. but you can also choose a higher rate and receive an even larger credit to help pay for all your closing costs.. Keep in mind that a lower loan costs does not necessarily mean a better deal.. My own nephew decided not to use me on his refinance because another "internet" lender quoted him 1/4 point lower.. after 2 months, he still wasn't closed and rates had risen.. he decided to jump ship and came back to me.. we closed his file in 3 weeks.. Service, speed, knowledge, having one person of contact, etc, etc, etc.. trust me... the lowest rate and fee's is never going to be the best deal. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Jan 30th 2018
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