Timeline for Is it worth refinancing? Original lender claims they missed getting income documents at time of closing and want to make loan "servisable" at no cost
Current License: CC BY-SA 4.0
3 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Oct 24, 2023 at 4:05 | comment | added | Refi Question | 10.23 Update We held strong and didn't approve the refi. Guy's boss then kept trying to reach us via text and phone last week saying they wanted to reach out before "sending this up the chain".. Gave them the silent treatment. We told them on our last email 3.125% was not to our benefit. Guess what we get today? They are now offering 2.99%. 🤔 Really curious now what all they're needing from us to sell off our loan. New math (if all else stays the same) would be to our benefit but I can't see the new Loan Estimate yet. I've asked them to email us the new breakdown of all costs for 2.99 rate. | |
| Oct 10, 2023 at 20:07 | comment | added | Hart CO | It's not just the changing interest and term change, it's also adding ~5k in principal. Either scenario gets the mortgage paid off in 2049 due to the extra $100/month at current rate or extra $200 after 5k closing and new lower rate, new scenario just a bit earlier. | |
| Oct 10, 2023 at 20:01 | history | answered | mhoran_psprep | CC BY-SA 4.0 |