I hear you on the “standard” not always being so standard. Had a similar experience—thought I’d nailed down every detail, then the final docs showed a “courier fee” and some random processing charge. Like, who’s still sending paper by courier in 2024?
Here’s how I look at it:
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— 100% true. Even with conforming loans, you’ve gotta read every page like it’s a contract for your soul.“It’s wild how many little costs pop up if you’re not combing through everything.”
- Conforming loans are supposed to be predictable, but lenders still sneak in their “creative” fees. It’s almost like playing whack-a-mole.
- Non-conforming can be less intimidating than people think, especially if you’re willing to ask questions and push back on fees.
- I’ve found that sometimes the smaller lenders (even with non-conforming products) are more upfront because they want your business.
Bottom line: whatever loan type, don’t assume anything’s set in stone until you get that final breakdown. And yeah... keep a calculator handy for those “miscellaneous” line items.
Even with conforming loans, you’ve gotta read every page like it’s a contract for your soul.
No kidding. I thought “conforming” meant smooth sailing, but those junk fees pop up like weeds. My doc packet felt like a Where’s Waldo of surprise charges. At this point, I half-expect to see a “snack break surcharge.”
Honestly, I feel you on the “Where’s Waldo” doc packet. I kept a running tally of weird fees and I still missed one or two. It’s wild how “conforming” loans sound like they’d be straightforward, but there’s always that fine print. Still, I’ve heard horror stories about non-conforming loans being even more unpredictable, so I guess it could be worse? At least with these, most of the charges are regulated… just wish they’d stop sneaking in those tiny ones.
Yeah, those little fees are sneaky. When I refinanced last year, I thought I’d caught everything, but there was a “courier fee” buried in the closing docs—like, who even uses couriers anymore? Still, I’ll take regulated over the wild west of non-conforming loans any day. At least you know what you’re getting into... mostly.
Isn’t it wild how you can scroll through 30 pages of closing docs and still miss a random $35 “processing” or “courier” fee? I swear, next time I’m just gonna ask if they’re charging me for the air in the office too. But yeah, I’d rather deal with a few mystery fees than have my loan terms change mid-process… that’s way scarier. Anyone else ever try to argue one of those fees, or is it just easier to sigh and move on?
