Jacob C. asked
I applied for a mortgage loan and received a good faith estimate for 3.5%. I signed all their paperwork, including a rate lock for 3.5%, disclosures, etc. When they presented the final documents for me to sign, the rate was 3.75%. They now say the 3.5% was a mistake and they can't honor it. What are my legal rights to force them to honor this rate?
December 28th, 2024
Michael Z. answered
A good faith estimate is an estimate, and the final rate may vary. However, the lock-in agreement mi...
December 28th, 2024
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