Joined: Jan 2007
When the seller pays portions of the loan costs subject to 10% tolerance, is the bank only concerned with what amount the borrower paid? For example; Doc prep on LE: $85; Doc prep on CD: $155 borrower paid and $185 seller paid for a total of $340. Are we concerned with the $155 or the entire $340?
I wouldn't be taking the jacked up fees on this loan if the title company is on your list. Unless there was a valid CC that you knew about but didn't redisclose on to capture any additional title costs, I'd be telling them in no uncertain terms that they can't change the costs now. They know the TRID implications and should have warned you earlier.