Is there any way to talk down the cost of closing fees?

Negotiating lender fees is very difficult since current regulations have taken effect. Prior to 2010 a mortgage loan officer (MLO) could adjust the loan origination fee in order to help the consumer and retain the business. Now we are prohibited by law from doing this. The only real way to reduce fees is to pay a slightly higher interest rate. In some cases this makes sense. Have your MLO work up a comparison.

Not sure I understand what you mean by "talk down closing costs" you can take a slightly higher rate and have the lender credit you for the closing costs if thats what you are asking.

yes the lender fees can be eliminated.Thank youEddie RutledgeGuaranteed Rate V.P321-426-8945

Carolyn - we are the number 1 lender in the state of Florida. I close alot of loans in Florida and I am very familar with the title companies in your area and how they work. -- I can def save you money in return for a shot at earning your business -- Give me a call at 813 601 0221 - Andrew Alfonso

Lower closing fees may mean higher interest rate.

Some lenders have limited flexibility in their fee structure to compete with another lender, but in general lower fees means a slightly higher rate - sometimes the difference is less than $10/mo but $1000's less in costs to you at closing. I'd be pleased to earn your business - pdumouchel@primelending.com 843-619-6025 We are a national lender and I do handle loans in Florida if you would like.

NO... Not anymore from the lender. All loans have closing costs, and all lenders have basically the same fees because we all have to cover the sames costs. In the past, you could have asked me to work for less, and I may or may not have. Now the government has stepped in and made that illegal. We have to give every single person the same deal. Now on the other hand, how you pay closing costs is a different story... The ONLY way you can reduce closing costs is by increasing your interest rates.

Lender fees/origination fees can be eliminated with a adjustment in the rate to compensate for these fees. However attorney fees/title co. fees are usually not negotiable. Check with a MLO in your area.

Lender fees/origination fees can be eliminated with an adjustment to the rates. However attorney fees/title fees are usually not negotiable.

The lender fees/origination fees can be eliminated with an adjustment in the rate. However the attorney fees/title co. fees are usually not negotiable.

If your asking if the fee's are "Negotiable", then for most fees, no.. there are hard costs to doing a mortgage.. title insurance, appraisal, inspections, recording fees, etc.. these fees are usually set and are non negotiable, however your lender has some flexibility for his charges.. depending on how he priced his loan, and which laws apply, he might be able to save you a little. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com