mortgage broker?

[mamma]

I am buying first home and I am confused. My broker e-mailed me a 28 page document to sign and the numbers are nothing like what we discussed. The payment is $30.00 more per month then stated. The closing costs are over 2,000.00 more then what I thought and there is a paper for me to sign saying that they are not guaranteed to get me the best available loan out there for me.I am so confused and it is night time the office is closed. I don'y know if I can sleep tonight. Can anyone weigh in on this situation? Also not to mention my realtor is MIA. Another vacation, no one to turn to. I am a single mom and I wish I could find a loan that would possibly require less closing costs? Live in texas

[carmensellsthehighdesert]

Very simple. Don't sign anything until it says exactly what was quoted you. Your lender should have locked in your interest rate. Look at your Good Faith Estimate....it should match whatever you are being asked to sign now. I would be on the phone with your Realtor immediately. You should have a loan contingency in your contract that caps your interest rate...if the terms are not what is in your contract, that's where the contingency comes into play. Your Realtor will walk you thru this and recommend another lender immediately if you need one. Don't lose sleep. This is not an uncommon experience and it can be rectified in the morning.

[Walter]

This shouldn't be happening.

It sounds to me that you are still looking at initial disclosures and may still have time to look at your other financing options. Try contacting another mortgage broker.