Lender's credit?

[Nikon5400]

I have another question.

On GFE in Important Dates section I have the following
#1 12/23/2011
#2 11/23/2011

Don't these two dates have to match? If not, can this lender bump up origination charge (currently it's $0) after 11/23, even-though they have received all needed papers signed, w2s and pay stubs on 11/10. also they ordered title and appraisal which should be done this week and appraisal report completed by 11/22.

The other lender I spoke to today said these two have to match and my lender is not doing it right. I tried to do some research online and it seemed like charges can't change if the borrower expresses to proceed before #2 date, which I guess is my case.

Thanks.

[jdoug6]

We are now entering the third month of a $100K refi to take out current loan on principal residence and pay off current loan on second home. We 'locked in' a 3.875% rate on a 30 year the first week of this month. However, the mortgage banker has increased our cost of the loan, presumably to compensate them for the low rate ('buy down' or lender's credit?). Our initial loan amount was $103K presuming rolling all costs and fees into the loan. On 11/1, I have an email from the banker indicating that he expected the loan balance to be closer to $102K since we would have reduced the principal on the two current loans (October, November and possibly even December!). And yet he contacted us by phone, indicating that the loan amount would be increasing resulting in a higher monthly payment (approximately $7 per month).
I would add that the borrower is my 91-year old recently widowed mother who, while lucid and intelligent, is confused (as am I) over the increased cost of the loan. Also, how can a lender lock in a rate for more than 30 days in light of an anticipated closing date of late December?
Needless to say, we are disappointed in the length of time that this process has taken. When I attempt to intervene (generally by email) on my mother's behalf, I am rebuked by the banking staff for my 'frequent emails.'

Thanks in advance for your help.

[Nikon5400]

Originally Posted by SmartMoney

That said, do check with your lender. Not everyone does what's allowed and you must state this early on and not at the closing table - it changes the final figures.

Can you elaborate on this? What can be the gotchas in taking lender's credit?

Being able to refinance again is the reason I took this credit. One lender (not my lender) told me I can refinance as often as every 3 months if I wanted to. I didn't ask my lender for any restrictions on this and I didn't see any in the documents I was provided so far. Can my lender have restrictions on this ?
If so, where would they be specified? I should be closing early-mid december

Thanks