If you've read any of my posts, hopefully you remember that I was "pre approved" for a loan and made an offer on a house. Paid all inspections, appraisals, etc. and was then denied the loan.
My LO said I had a "strong" file and that she was putting it through another lender as the one that denied was "calculating my income a way she had never seen them do".
Well ...of course, my hopes are not up about being approved. But everytime I turn around there seems to be something "new". Some new cost or fee that I was not aware of or told about.
At the beginning of this process, I was told I'd be paying for the inspections up front ...275.00 for the Home Inspection and 85.00 for the termite inspection. Then I was told the appraisal fee is also paid upfront ...there's another 375.00. I specifically asked the LO what else was paid up front and not included in / with the closing costs. Nothing.
Well, forgive my ignorance since I'm new at this, but in talking with her today she lets me know that once we receive the final approval not to forget that I need to get Home Owners Insurance right away and this entails paying for 1 year upfront prior to closing.
Ugghhh.........is it just me ?? Is it just the LO? Or does it seem every time I turn around there's something else???
