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Don’t Get Ripped Off by Your Lender This buyer put $400,000 down and still got stuck with a 7.25% rate… in today’s market. That’s already bad—but it gets worse. They paid $6,000 in origination fees when it should’ve been around $2,000. Why? They trusted the lender, didn’t shop, and by the time they figured it out—two weeks before closing—it was too late to switch. The lender told them the rate would improve, but it never did. 👉 If you’re in escrow, shop your loan early to keep your lender hones
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