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tortilla_chip
Jun 13, 2007

k-partite
Are all lenders roughly equal from a cost perspective? If interest rates are basically set by the Fed, is it worth shopping around with different lenders? Will I see large differences on closing costs or is the mortgage industry basically a commodity?

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tortilla_chip
Jun 13, 2007

k-partite
Thank you so much for this advice! This should totally be in the OP. I just discovered a ~10K difference in origination fees.

tortilla_chip
Jun 13, 2007

k-partite
So in my situation the Costco (!) referred lenders ended up being the way to go.

tortilla_chip
Jun 13, 2007

k-partite
I also waived my appraisal. The appraisal could potentially come in under the offer price, which may or may not be of benefit.

tortilla_chip
Jun 13, 2007

k-partite

Better hope the poop rolls downhill.

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