Refinancing... wondering if this fee is legit
We are refinancing. Our initial Rate Lock Disclosure and Good Faith Estimate list zero Discounts (points) for our rate of 4.125.
After our appraisal, we were able to eliminate a one time fee on the loan and so received new loan docs and disclosures. In comparing them side by side, suddenly we are paying a quarter point for our interest rate, which was locked with zero points prior to the appraisal.
Is this a fee being slipped in hoping I won't notice? Or is there a reason why that might be possible?
I'd appreciate any input.