LE disclosed 2 weeks ago · CD received 3 hours ago
Luci's read
Total fees DECREASED by $123.50 (-1.4%) — borrower wins. One zero-tolerance flag: Recording fees increased by $3.00. Lender owes a cure to the borrower at closing.
LE Total
$8,740.50
CD Total
$8,617.00
Variance
−$123.50 (-1.4%)
Tolerance violation — lender cure required at closing
A. Origination Charges
Zero Tolerance
ItemLECDVariance
Underwriting fee$995.00$995.00—
Origination charge (1% of loan)$3,850.00$3,850.00—
Processing fee$450.00$450.00—
Section totalNo change
B. Services You Cannot Shop For
10% Bucket
ItemLECDVariance
Appraisal fee$625.00$625.00—
Credit report$28.50$32.00+$3.50
+12% increase — within 10% bucket aggregate tolerance