Is this legal? How much info can the college give to the lender, if any?
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I applied for a loan that I was told was locked in at 6.95% and now the day before we were supposed to close, the lender is changing the rate to 7.88%.
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Their rates look better than any others I've seen but I'm a bit wary of going with an online lender. Specific answers other than "they're terrible" will be greatly appreciated! Thanks.
Tags: american mortgage, lender
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