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Company Loan Type APR Est. Pmt.

Is this fee schedule a good deal?

Posted on: 06th Feb, 2010 09:50 pm
My mortgage broker has written out an application with the following fees for 140k loan:

400 to broker by me
700 to lender by me

4300 to broker by me - but credited somehow due to the interest rate or something. ??

Rate 5.25 - APR 5.5

The 4300 bothers me, even though its I think a kick back from the bank that pays it? not sure. Is this a good deal? 4300 seems excessive whether I pay it or not.
4300 is high and 5.25 is high if you have very good credit you can get in the high 4s let me know if i can help you
Posted on: 07th Feb, 2010 09:15 am
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