Why is my rate quote higher than what is on the internet?

mortgageporter-thinkingEDITORS NOTE: This post was written prior to the regulations in 2010 which require a Good Faith Estimate to be delivered upon application. Please be sure to WHEN a post was written when reading a mortgage blog as regulations and guidelines are subject to change.

This is a question I just received from a gentleman who is considering a low down payment mortgage, such as a VA loan or USDA rural mortgage.

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