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CitiMortgage

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Anonymous
Not applicable
‎04-21-2008 06:22 PM
‎04-21-2008 06:22 PM

CitiMortgage

We are currently looking for an FHA lender. CitiMortgage followed up with our emails that we submitted to them in regards to a home loan. Is it normal for the application fee to be $390? This seems a bit high, but this is my first house...
Message 1 of 5
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ShanetheMortgageMan
Super Contributor
‎05-02-2008 05:03 PM
‎05-02-2008 05:03 PM

Re: CitiMortgage

Some lenders charge it, most don't... if you don't want to pay an application fee (and who would) find another lender, there are 1000's of them out there that won't charge you an application fee.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
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DallasLoanGuy
Super Contributor
‎05-02-2008 05:32 PM
‎05-02-2008 05:32 PM

Re: CitiMortgage

I agree with Shane....
Get another opinion.
 
Retired Lender
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Anonymous
Not applicable
‎05-02-2008 06:57 PM
‎05-02-2008 06:57 PM

Re: CitiMortgage

We did not pay for a loan application, as far as I know, for our FHA loan.  Of course, it could have been added somewhere in closing, and I would be clueless (I tried to follow everything...).
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DallasLoanGuy
Super Contributor
‎05-02-2008 08:33 PM
‎05-02-2008 08:33 PM

Re: CitiMortgage

iwanna
 
they are talking about an upfront application fee. which is NOT required by most lenders.
 
Retired Lender
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