With FHA loans, are the prepaid items (PMI, hazard insurance, etc) the exact same with every lender?
Obviously its a good idea to compare closing costs between lenders. But when it comes to the PREPAID ITEMS… do those vary at all between lenders or are those amounts (PMI, hazard insurance) going to be set charges?
And also, what’s the difference between section 900 and 1000 on a GFE? They both are prepaid items… just one is “advanced payment” and one is “reserves” … whats the deal?