@Anonymous wrote:
@DallasLoanGuy wrote:
the lender can use a better estimate if it makes you feel better.
but signing documents to START the process isn't a contract.
i estimate based on last yrs taxes and then the processor will get a tax certificate from the title co for the actual numbers we use.
It makes me feel alot better when I see the amount I'll pay for mortgage is significantly less than what I pay for rent. Seeing the $189 per month tax amount made me nervous and feel like I wouldn't be getting ahead.
i have had to re-do documents for clients before for similar. not an issue.
but, remember, the documents generated by the loan officer are still just estimates until done with underwriting.
Retired Lender
