Refinancing at under 4% for $1000 CC
#1
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Refinancing at under 4% for $1000 CC
Anyone heard of this refinancing at under 4% for 10 & 15 year fixed loans for $1000 total closing costs through Quicken loans.
Just got a call and got tired of listening to the pitch so I tiold them to call me tomorrow, but are rates really down to 3.75%????
Just got a call and got tired of listening to the pitch so I tiold them to call me tomorrow, but are rates really down to 3.75%????
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I guess or a grand, (if it really only costs a grand) it might be worth it to go to the 10 year from the 15, but I think I am at 12 years right now??
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Friend of mine owns a Mortage Company and I have bounced the re-fi off of him, he quoted me last week 3.75 for 15 and 4.5 for 30... so yes it is possible
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Ha! whoops. But on subject i did a re-fi 6 moths ago for 4.39 with nothing down. i bet they just rolled closing costs in or something. they got me somehow i am sure but overall it was a good move. always re-fi when you can.
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Just did a refi for a friend, 666 median credit score, went to 87.5% Loan to Value, 4.25% 15 years, NO POINTS or APPLICATION FEE, he had $2640 alone in escrows (4 months prop taxes, and 6 months home owners insurance) his title insurance policy was $2700 inc a $375 closing fee from the title company that he chose, and his recording fees to the court were $300...loan amount was $390,000 and his TOTAL cost including all 3rd party fees were about $6900. My fees which were included in that were only $890, which was due to me waiving the $495 app fee.
So to answer your question YES i can do it for $1000.00 BUT the other parties involved are where your fees add up. He will get an escrow credit from his prev mortgage company when the loan is paid off for however much was in his escrow acct.
Hope this helped