[Emiliana Sanjetti]

...a mortgage? I recently went through the prequalificaton steps for a mortgage loan. Through the advice of a friend who had used the same realtor and mortgage company, I applied for a home purchase. Before I went out to look at a home the mortgage rep called me in to sign papers and go over everything so that I would not have to "come back to his office" he'd already have my signatures. I am set up and 5.2 percent, fixed for 30 years FHA. It took me about 3 months to find the perfect home. The other day we discussed the fact that he would have to run credit again because it's beel almost 90 days since we looked at my credit. I informed him that it's time to make all my monthly payments again. Since they have not techically "funded" the loan, I figure I still have time to go to a bank. I cannot look over anything I have signed because they didn't give me copies. I was comfortable with the step by step page by page manner in which we went over the documents, but I still would like to be able to read all of it. Plus, the home I found is 51,000 less than the original amount that I qualified for. My friend told me this morning, that I should have gone to a bank instead of a mortgage company and that I would come out better going to a bank because they can get me in with no down payment. I paid my earnest money already to my agent. I have not moved to the 2nd step of the home inspection.I don't feel ripped off, I just want to know what a bank would offer me. HELP!