Final answer:
The fees that can be charged before the delivery of a good faith estimate/Loan Estimate include credit report and appraisal fees, loan fees, and a lock-in fee.
Step-by-step explanation:
Before the delivery of a good faith estimate/Loan Estimate, the following fees can be charged:
- Credit report and appraisal fee: This fee covers the cost of obtaining a credit report to assess the borrower's creditworthiness and an appraisal to determine the value of the property.
- Loan fees: These fees include origination fees, processing fees, underwriting fees, and other charges associated with processing the loan application.
- Lock-in fee: This fee may be charged if the borrower wants to lock in a specific interest rate for a certain period of time.
It's important to note that these fees may vary depending on the lender and the specific loan program.