So confused! Being charged points for our rate?

[Anonymous]

we have a rate of 3.75 and am reading over the loan docs after signing them and it says "Our origination charge
This charge is for getting this loan for you. $3,409.49" we are very happy with our rate but we have posted before about our closing costs being high so is this a normal charge? Should we of shopped around? If we are already getting a great rate why shop around? Could it save us fees>?

[webhopper]

You can ask them to quote you a cheaper rate. What are your scores?

You should definitely get at least one more quote. Some lenders like to pad the GFE with fees

[webhopper]

How much is the house you are buying? Origination charges are sometimes a percentage of purchase price

[tooleman694]

Is this a convertional loan

My Ficos are in the upper 600s and I was looking at a 4 percent rate with no points if I went conventional.

Ended up going FHA with a negative point and got 3.5.