I applied for a loan throu Washington Mutual but never signed anything or paid any money. Am I locke

I only interacted with the loan officer over the phone. He told me he would lock in a rate but when I recieved a copy of the application the rate was higher. It also said that I didn%26#039;t need to sign anything unless asked. Can banks fill out mortgage application for you over the phone and have it bindng if I didn%26#039;t sign anything or pay them any money? Found a better broker and would like to switch but Wamu is telling me that I%26#039;d have to pay for some of the things they%26#039;ve already done. My realtor told me that they haven%26#039;t done anything and the law office said that unless I sign something or give someone money nothing is binding. Is this true? Can I switch to a different lender with better rates without any penalties? Doesn%26#039;t make any sense to me that a bank could lock you into a mortgage over the phone without any signatures. I never even meet the loan officer face to face. Would appreciate any advice/knowledge on this.

Thanks

I applied for a loan throu Washington Mutual but never signed anything or paid any money. Am I locked in?credit report

As far as I know, no signature, no deal. Words are not legally binding as a business contract. the only thing that can tie you down is a written contract with your signature on it. BUT take a look at this sites definition and see if it says anything a little more helpful.

http://www.lectlaw.com/files/bul02.htm

I applied for a loan throu Washington Mutual but never signed anything or paid any money. Am I locked in?

loan

Send back the papers and tell them thanks but no thanks.

They changed the rates, you found a better deal. Done deal.

They can bark at you, but that%26#039;s all. Until you sign on the bottom line, it ain%26#039;t a deal.

Go with the better deal, the law office agrees nothing signed and no money changed hands.

Besides they changed the rates, never sat down with you. Be glad you don%26#039;t have to deal with them

Good luck and check with your law office again. before you sign to make sure this IS the best deal.|||this is the kind of stuff wamu does on a regular basis. it only gets worse when you actually do sign a mortgage with them. send the papers back, tell them no thanks and go to someone else.