Lender changed loan cost

[Kyle Harmon]

Hello BP,

I am looking for some advice. I am writing this as I sit on the airplane flying to FL to close on a duplex today. I have a rate lock with my lender that did not include points or origination fees. We are closing a few days before my rate lock expires. I just recieved the final CD and they added .5% points. The loan officer told me from day 1 there would be no points and none of the previous CDs or loan estimates included points. I haven't gotten a response from the loan officer yet and I am supposed to close in a few hours. The additional charge isn't much, but it is not what we agreed on. Does anyone have advice on how to handle this situation?

Thank you for your help

[Jay Hinrichs]

if its a federally insured loan I dont think they can do that.. if its portfolio or semi private I suspect they can do whatever they want.