Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
not that i really care, but my bank is 'pushing' to close a refi loan tomorrow, since i told them that i'm not available next week.
she told me that my rate is locked until 8/26 but for some reason it looks like she wants to keep the closing date in July.
Why could this be? is she trying to meet an internal deadline?
Your LO probably gets paid when your loan closes. The sooner you close, the sooner she gets paid. Plus, if the loan is ready to close, they just want to put it behind them.
The sooner you close, the better for you. Your current interest rate is higher than the new interest rate so the longer you keep the current loan the more you pay in interest.
i wish i had negotiated the bank's fees. i didn't. they're charging like 1350 or something as their fees!
they did give me a 4.125 rate on a 15 year no points loan, and i said you either give me 4.0 or i walk, and they did give me 4.0, but i should have bargained on the loan fee too :-(
silly me.
When my wife was a loan processor, they had a commission goal to meet. The more loans she closed, the higher her bonus was. Your loan might put your LO over the next hurdle.
If she closed under 25 loans she got 15 per loan. if she closed over 30 she got 25 per loan and a bonus. more than 35 she got a higher bonus.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
