Someone posted this on a more active sub, and I thought I'd break it down and give my thoughts.

I'm reviewing this on 11/17/25 and scheduling this post to go out later.

Here is someone's Loan Estimate

Here are the assumptions I'm making, by reviewing this:

• $485,000 purchase price
• $40,000 down payment (a portion of it is eaten up in in the mortgage insurance charge here's a post on that.)
• FHA (assumed because in section B there is a mortgage insurance premium charge+30 years of mortgage insurance)

Let's assume this is a Utah purchase. Only because I'm licensed in Utah, and can quote rates in Utah.

My initial thoughts

• Processing fee is more than I expect
• notary fee is usually in section C
• 2% in points for a 5.625% on an FHA loan seems steep
• Title fees seem a steep too

This very likely is not happening in Utah, because Utah title fees aren't that high for a purchase of $485k, and property taxes are higher. Anyway. Here's my quote (11/17/2025) assuming Utah and a 680 credit score

• 5.625% rate and 6.436% APR
• $901.05 in points
• $700 processing
• $1,245 underwriting

If we remove this person's notary fee from section A, then we're dealing with $11,551 in origination fees. Compare that to the $2,846 that I'm seeing.

What if it was a 630 score?

• 5.625% rate and 6.524% APR
• $4,862.94 in points
• $700 processing
• $1,245 underwriting
• 12/1/2025

Even if it was a 630 score, that would be $6,808 compared to $11,551

Samuel Thompson
NMLS ID 1052267

What you should take away from this

I am not trying to get you to do a loan with me, I'm only licensed in a handful of states anyway.

I'm trying to emphasize the importance of double checking your fees with someone.

If I were in your shoes, here's how I would shop for a mortgage.