Good faith estimates should be compare by the 800 lines. If you're comparing all the charges in a Good faith estimate you will come up with different numbers from the 3rd party lines. Every mortgage lender estimates how much title insurance, escrow, hazard ins, property taxes, etc.
The 800 lines show how much the lender is charging for the closing costs in connection with your loan.
ITEMS PAYABLE IN CONNECTION WITH LOAN:
801 - Loan Origination Fee
Upfront cost charged for originating the loan
802 - Loan Discount
Prepaid interest paid to the mortgage lender to lower the mortgage rate – also know as “buying the rate down”
803 - Appraisal Fee
An evaluation of the subject property compared to other comparables. Paid by Buyer.
804 - Credit Report
Cost of the credit report
805 - Lender's Inspection Fee
Lender's cost of inspecting the subject property –
808 - Mortgage Broker Fee
Upfront cost that a mortgage broker charges.
809 - Tax Related Service Fee
Charged to set up tax escrow account.
810 - Processing Fee
Common charge for processing loan – can also be charged for running credit, collecting your application, preparing documents, ordering appraisal, title, etc.
811 - Underwriting Fee
Upfront cost to the underwriter to underwriter the application
812 - Wire Transfer Fee
One time cost of wiring money to the closing table or to mortgage lender.
Mortgage North Carolina