Cont,
As with many others, you think that you know what you are talking about but you don’t.

I’m not gloating about mortgage brokers, trust me.
I’m in the in industry and will tell you that most people in the industry including mortgage and real estate are just clueless sales people looking for their commission regardless of what’s best for the client.
Prior to July 30th of this year, a GFE was an ESTIMATE of fees, regardless of what YOU think it was. READ IT, it’s in English. You think that you know more than you do. People like you are dangerous. You need to admit that you don’t know what you don’t know.

When I give someone closing costs on a GFE it’s a guarantee of my fees, and that was my choice. When offered the truth, most people would rather go find a liar cuz it looks cheaper.

Most people get taken advantage of when they get a mortgage. They fall for things like no fee and no cost believing that their loan was free. They used a family member, friend or neighbor. It still happens every day.

Most people don’t understand their choices because their “trusted adviser” that quoted them the lowest rate doesn’t know them either.