Good Faith Closing Cost Estimates

After much hemming and hawing and debating and fierce negotiating with the bank my group has decided to move forward with fractional loans. When pushed the bank made some concessions. After conferring with the title company they discounted or eliminated several of the line item fees on our good faith closing cost estimate. The bank would not move at all on loan terms or points. I would advise anyone who is procuring a new loan or a refi to insist on the good faith estimate. Take the time to read it. Make sure you understand all the line items. Many of those fees are arbitrary. The bank and the title company (or the mortgage broker) will charge you whatever they can get away with. If you are asleep at the wheel that could be quite a lot.