Rates & Fees

Comparing closing costs isn't as easy as it sounds. Lenders and brokers charge all kinds of fees giving them a wide variety of names. One might say that it doesn't charge an "application fee", but it makes that up by charging a "commitment" fee or "doc prep" fee at closing. Don't rely on what your being told before see your Good Faith Estimate faxed or mailed! And don't accept a lender's "that's just the way it is" answer when asking why your good faith estimate shows $5,000 in assorted fees for a $100,000 mortgage.

An estimate of the final loan figures can be found on the Good Faith Estimate, or GFE, a three-page government-mandated form brokers and lenders are required to give prospective borrowers within three days of a loan application. A standard GFE form can be found at hud.gov web site. Here you can find a short explanation on what to expect when getting your home loan Good Faith Estimate.

Good Faith Estimate Page One

The first page of the Good Faith Estimate is a summary of your mortgage terms. It lists your name and property address; one available mortgage rate-and-fee combination; and your bottom-line settlement charges among other items.

The Good Faith Estimate includes a section which explains the duration for which the GFE is valid. For loans with rate locks periods, the GFE will indicate the number of days for which the rate lock is valid. Other items included in the summary section include loan size, term, loan's initial interest rate, and monthly principal + interest obligation at the start of the loan.

Another GFE section lists whether an escrow account is required in your mortgage, and whether you're required to escrow in order to get access to the mortgage rate provided. Some mortgage programs, including FHA loans and conventional loans over 80% loan-to-value, require escrow accounts for a mortgage to be approved.

The last section on the first page of GFE describes your bottom-line due at closing. It may vary from the actual amount of cash you are required to bring to closing.

Good Faith Estimate Page Two

The second page of the Good Faith Estimate is a summary of your closing costs and funds required for you to deposit on escrow. It includes:

• Our origination charge - a sum of all lender-charged fees.
• Loan's accompanying discount points - charged to reduce the interest rate on your mortgage.
• Other settlement services charges - a listing of non-bank-related charges you should expect to pay in conjunction with your mortgage. Split over 9 separate categories, these fees and charges are estimates but lenders are required by law to be "within range" of the final settlement fees to promote fair comparison. The fees listed in the "Other Settlement Services" include appraisal fees as well as flood certification fees for homeowners in flood plains. There may be fees that are charged by state and local governments, such as - recording charges for your mortgage, transfer stamps etc.
• Lastly, the 2nd page of the GFE shows the amount of prepaid mortgage interest due at closing, as well as whatever real estate tax and homeowners insurance premiums are due. Collectively, these charges are known as Prepaid Items. They are NOT mortgage closing costs despite their inclusion in your settlement charges.

Good Faith Estimate Page Three

The 3rd page of the Good Faith Estimate explains what Page 1 and Page 2 say, and provides instruction for comparing loans between multiple mortgage lenders. It also includes a listing of mortgage-related fees, sorted by whether they're allowed to change.

Get A Free Good Faith Estimate

Mortgage rates vary between lenders, and so do the fees that they charge at settlement. It's always wise to "shop around" - a better deal may be available to you. It could be lower rates or lower fees, or both. Based on the information you submit, MortgageDigger.com searches its database of lenders to match you with the lender and loan that is best suited to your needs. Compare offers and know your estimate rate and closing costs in 24 hours. Online pre-qualification is free and there's no obligations. Submitting your inquiry for a loan at MortgageDigger.com incurs absolutely no cost. Start Here!

About Us

Privacy Policy

Your Privacy is Important to Us.

At MortgageDigger.com, your privacy is our chief concern. We understand that you entrust us with your private information to help us match you with a lender, insurance agent or credit counselor to meet your needs. In exchange for your trust, you expect and deserve our commitment to treat your information with respect. Rest assured that we protect your privacy. Under no circumstances will operator of this site sells or shares any personal information about you to or with any person or organization except: as authorized by you, our participating lenders, mortgage brokers, or credit counselors depending on the application you fill out. The Privacy Policy below describes the standards we adhere to in handling information about you and your loan request.

We want you to be aware of:

• Who we are
• Information we may collect
• How your information is used
• Altering the information you submit
• How our Privacy Policy is monitored

1. Who We Are.

MortgageDigger.com is web site of Global Data Mining LLC, DBA Loan Savings Solutions, with headquarter in Lewes., DE, and the leading online marketplace that helps you locate a lender, insurance agent or credit counselor. There are more than 500 participating Brokers and Lenders in our network.

2. Information We Collect.

There are several areas on a the web site where you may be asked to enter both personal and non-personal information. We DO NOT sell or share any personal information about you to or with any person or organization except: as authorized by you, to participating lenders, credit councilors, loan modification specialists, or as may be required by law or court order.

Information we receive from you on qualification forms.

When you come to a MortgageDigger.com site to complete a qualification form you'll need to provide personal and financial information such as your name, phone number, e-mail address, income and other financial information depending upon whether your requesting help with a home loan, loan modification, credit counseling, credit report, insurance or debt consolidation. We do not collect any personal data you may input into to any calculators on our site without submitting it in qualification forms.

Information we receive from your browser.

Mortgagedigger.com does not collect information on an individual consumer’s online activities over time and across third-party websites and online services. Third parties such as operators of search engines, social networking web sites may collect personal information about mortgagedigger.com visitors online activities over time and across different websites when a consumer uses the mortgagedigger.com website.

3. How your information is used.

We use the information you provide on your qualification form to match you with up to a participating lender, insurance agent, loan modification specialist, or credit counselor. At your direction (when you click on the contact form "Submit" button), the information that you provide to us on the qualification form will be sent through the matching system and presented to not more than to five of our participating lenders, credit councilors, loan modification specialists, who offer the types of products (new house purchase, refinance loan, etc.) you have identified. We recommend that you contact them directly for more information about their specific privacy policies.

3.1. With Whom do we Share Your Information

a. Lenders and Mortgage Brokers. In submitting a request for a loan product or service offered through this website, when you click “Submit” or otherwise signify your agreement to proceed you are consenting to the disclosure of your online request with lenders and brokers in our network (“Lenders”) with whom you are or may be matched. Please note that no credit check will be performed by us and no credit cjeck will be performed by Lenders unless you authorize Lenders to do so by submitting a completed loan request. Be aware that the Lenders with whom you are matched may retain or use your Information whether or not you use their services and you should contact these Lenders directly concerning their privacy and information sharing practices which may differ from ours.

b. Referrals for your Non-Mortgage Business. When you express interest in other products, services, promotions that we offer (by, for example, completing a request for such services), we will share your request or expression of interest with the businesses with which we partner to offer you those products, services and promotions, and, as applicable, with their affiliates and third party finder or marketing companies (collectively, “Business Providers”). When you choose to participate in a particular offer or program, you authorize us to provide your personal information to those Business Providers. Be aware the Business Providers with whom we share your Information may retain or use your Information whether or not you use their services and you should contact these parties directly concerning their privacy and information sharing practices which may differ from ours.

c. We also may disclose your information at our sole discretion: In response to a subpoena or similar investigative demand, a court order or a request for cooperation from a law enforcement or other government agency; to establish or exercise our legal rights; to defend against legal claims; or as we reasonably believe is required by law. In such cases, we may raise or waive any legal objection or right available to us. When we believe disclosure is appropriate in connection with efforts to investigate, prevent or take other action regarding actual or suspected illegal activity or other wrongdoing; to protect and defend the rights, property or safety of our company, our users, our employees or others; or to enforce our websites' terms and conditions or other agreements or policies. In connection with a substantial corporate transaction, such as the sale of our business, a divestiture, merger, consolidation, asset sale or in the unlikely event of bankruptcy.

d. Email Subscriptions/Unsubscribe. When you "submit" information through our website, Loan Savings Solutons may send your information to its affiliates as provided in the Terms of Use.

4. Altering Information You submit Through the Web Site.

You have the ability to change or alter your information before you press the submit button. Once your information is submitted it will be provided to the participating lender, loan modification specialist, insurance agent, or credit counselor depending on the form you filled out.

Security.

Our web sites have security measures in place to protect the loss, misuse and alteration of the information under our control.

If you have questions or concerns regarding this statement, please contact our Customer Care Department using the Contact Us page.

If we make a change to our Privacy Policy in the future that will affect how we treat your information, we will notify you of the change. In that case, your ability to opt out of the new policy will be determined by applicable laws and we will include that information in our notification. If the change impacts how we use your information, we will notify you even if you have requested that we not contact you. If you have any questions about this please mail us at Customer Care: +1 855-35-QUOTE

LAST UPDATED 04.07.2017, PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.

Disclaimer

Advertising Disclosures

If you are unable to locate a specific disclosure below, please contact Customer Care at 1-888-996-2030 to get the disclosure. Be sure to remember the advertisement you saw and where you found it.

Disclosure: Advertised Terms and Information

The information and disclosures below relate to advertised terms made by or through the MortgageDigger.com.

MortgageDigger.com is not a lender or mortgage broker in any transaction. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and brokers and will vary based upon your loan request and determined by the lenders or brokers to whom you are matched. Not all consumers will qualify for the advertised rates and terms. You may not be matched with the lender or broker, and we does not guarantee that any lender will make you a conditional loan offer. MortgageDigger.com arranges for multiple conditional loan offers through our network of nonaffiliated lenders and brokers. See the Terms of Use Agreement for more details. The Terms of Use Agreement governs these advertised Terms and Information.

FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.

Disclosure: Free MortgageDigger.com Services

What portion of MortgageDigger.com services in connection with my loan request is free? There is no cost to submit a loan request, get matched with lenders and receive conditional loan offers. You may review the conditional loan offers and talk to the lenders at no cost. Of course, the lender you choose may require a fee to process a loan request, but until you agree to pay the lender a fee, you may shop at no cost.

How does MortgageDigger.com get paid?

MortgageDigger.com does not charge you, the consumer, a fee for its services. Who pays our bills? The lender or mortgage broker. Of course, you will be responsible for paying any loan processing, closing costs or other fees to the lender with whom you close.

Marketing partners

By providing a phone number, you are agreeing that mortgagedigger.com, its network of lenders and/or partners may contact you at this number, or another number that you later provide regarding financial services or credit related offers. You also agree to receive calls from live agents, artificial or prerecorded voice, and SMS text at your residential or cellular number, dialed manually or by autodialer, and by email.

Our Marketing Partners

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TERMS OF USE AGREEMENT

Please read this Terms of Use Agreement ("Agreement") carefully. By accessing this Web site and any pages hereof, you agree to be bound by the terms and conditions below. If you do not agree to these terms and conditions, do not access this Web site.

Global DataMining LLC, DBA Loan Savings Solutions operates this Web site.

SECURITY POLICY

Loan Savings Solutions uses secure technology to protect your data and transmissions between you, Loan Savings Solutions, banks, participating lenders and loan brokers.

Transmission between browsers and our web server is implemented using Secure Sockets Layer (SSL) technology. Our database is protected by a firewall. Although Loan Savings Solutions has taken these reasonable and appropriate measures to ensure that your personal information is delivered and disclosed only in accordance with your instructions, Loan Savings Solutions cannot and does not guarantee that the personal information you provide will not be intercepted by others and decrypted.

SERVICES

All of the information you have provided in your request is true and complete. You authorize Loan Savings Solutions to provide your information to up to five participants: Lenders, brokers, loan modification specialists, credit counseling specialists. No credit check will be performed on behalf of Loan Savings Solutions. You understand that participants may keep your data, whether or not you are qualified for a loan or other service with them. Loan Savings Solutions is not a lender and does not make loans or credit decisions in connection with loans. Loan Savings Solutions does not endorse or recommend the products of any particular Lender on any of its websites. Loan Savings Solutions is not an agent of either you, the User, or any participant. Loan Savings Solutions's services are administrative and consultative only. You should rely on your own judgment in deciding which available loan product best suits your needs and financial means. The Lender, credit counsellor, loan modification specialist is solely responsible for its services to you, and you agree that Loan Savings Solutions shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of such services. Loan Savings Solutions and/or participating Lenders expressly reserve the right to discontinue, suspend or terminate the offering of any product in any specific state through this Web site. Loan Savings Solutions does not guarantee acceptance into any particular program or specific loan terms or conditions with any participant; loan approval standards are established and maintained solely by individual Lenders. Likewise, Loan Savings Solutions does not guarantee that the loan terms or rates offered and made available by participants through this Web site are the best terms or lowest rates available in the market. Unless expressly stated in writing, nothing contained herein shall constitute an offer or promise for a loan commitment or interest rate lock-in agreement. Loan Savings Solutions does not charge you, the User, a fee to use our service. Loan Savings Solutions is paid a fee by participating Lenders for the goods, facilities and services provided. Your use of this Web site and/or Loan Savings Solutions's services constitutes your agreement with this compensation arrangement.

By hitting the "Submit" button on the contact page, you understand and agree that you are submitting an inquiry as to a lending product with Loan Savings Solutions and each of the participants to whom your request is transmitted. By submitting the request you are extending an express invitation to each of the participants making you offers to contact you by telephone at the numbers you have provided so they may assist you with your transaction, and you hereby consent to any such calls even if your phone number is on any Do Not Call list.

Accessing this web site, you consent by electronic signature to be contacted by a live mortgage agent, artificial or prerecorded voice, and SMS text at my residential or cellular number (dialed manually or by autodialed) and by email. Calls may be recorded for quality assurance.

LINKS TO THIRD PARTIES

This Web site may contain links to Web sites maintained by third parties. Such links are provided for your convenience and reference only. Loan Savings Solutions does not operate or control in any respect any information, software, products or services available on such Web sites. Loan Savings Solutions's inclusion of a link to a Web site does not imply any endorsement of the services or the site, its contents, or its sponsoring organization.

ERRORS AND DELAYS

Loan Savings Solutions is not responsible for any errors or delays in responding to a qualification form or referral form caused by an incorrect e-mail address provided by you or other technical problems beyond our reasonable control.

DISPUTE RESOLUTION

Any judgment upon the award rendered by the arbitrators may be entered in any court of competent jurisdiction in State of Delaware. The arbitrators shall not have the power to award damages in connection with any Dispute in excess of actual compensatory damages and shall not multiply actual damages or award consequential, punitive or exemplary damages, and each party irrevocably waives any claim thereto, except in Maine where state law will control all rights and remedies in the arbitration. The agreement to arbitrate shall not be construed as an agreement to the joinder or consolidation of an arbitration under this agreement with an arbitration of disputes or claims of any non-party, regardless of the nature of the issues or disputes involved.

PRIVACY POLICY

Please click here to read about our Privacy Policy.

OTHER TERMS

This Agreement constitutes the entire agreement between you and Loan Savings Solutions and it supersedes all prior or contemporaneous communications, promises and proposals, whether oral, written or electronic, between you and Loan Savings Solutions with respect to this Web site and information, software, products and services associated with it. This Agreement shall be subject to and construed in accordance with the laws of the State of Delaware. If any part of this Agreement is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to, the warranty disclaimers and liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid enforceable provision that most closely matches the intent of the original provision, and the remainder of the Agreement shall continue in effect. A printed version of this Agreement and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based upon or relating to this Agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.

Global Data Mining LLC,
DBA Loan Savings Solutions
16192 Coastal Highway
Lewes, DE 19958

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Security

While no data transmission over the Internet or information storage technology can be guaranteed to be 100% secure, we understand your concerns with the safety of your personal information. The following is a summary of the measures BestRatesFrom.us undertakes to protect your information and descriptions of ways we implement these measures for different types of information you may provide to us.

Secure Web Pages and Encryption

BestRatesFrom.us uses well-known and vetted security technologies to protect your data and transmissions between you, BestRatesFrom.us, banks, loan brokers, credit counsellors, loan modification specialists and real estate professionals participating in the Loan Savings Solutions Websites (please see the Terms of Use Agreement for additional information, definitions and terms that govern this Policy). Transmissions between BestRatesFrom.us, banks, lenders, loan brokers and real estate professionals are encrypted using public key cryptography algorithms with a minimum key size of 128 bits.

Those pages on the Websites that ask for your personal financial information are delivered to your browser through HTTPS, a secure server communications layer. Transmission between your browser and our web server, including when you send your personal financial information to us, is implemented using Secure Sockets Layer (SSL) technology. SSL encrypts it, making the information unreadable by anyone except Loan Savings Solutions. SSL does not allow anyone to intercept and read your personal information; only we can decode the encryption. This technology requires any modern web browser such as Internet Explorer, Firefox, Safari or Opera. You can verify that your communications with BestRatesFrom.us are secure by checking for the key or lock icon on your browser. If your browser’s security feature has been turned on, a pop up box will notify you when you enter a secure page.

Another important information security measure in place throughout the Websites is the timeout feature. This feature will log you out if there has been no activity within a specified amount of time.

Firewall Protection

Firewalls are special purpose devices that protect and screen-out malicious attempts to access information and networks. Loan Savings Solutions deploys firewalls at several points in its environment, including between you and the web server, the database servers, and Loan Savings Solutions’s internal networks.

16192 Coastal Highway
Lewes, DE 19958

PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.