Best places to apply for a refi?

[Yaj Yak]

what do you think your place is worth?


gut reaction, likely worth it to refi, especially if you can go to a 15 year for the same moneys, and ditch that "small fee"

 

[DEEZUZ]

what do you think your place is worth?


gut reaction, likely worth it to refi, especially if you can go to a 15 year for the same moneys, and ditch that "small fee"

Appraises on taxes for like 170

 

[Yaj Yak]

4.375
5 years
Yes but it's not pmi it's usda so it was 1% up front and small fee throughout loan(less than normal peoples pmi though)
30 years

what was your original loan amount

 

[Yaj Yak]

Mortgage Refinance Calculator: Should I Refinance? - NerdWallet

Interested in refinancing to a lower rate or lower monthly payment? With NerdWallet's free refinance calculator, you can calculate your new monthly payment and estimate your monthly and lifetime savings.

www.nerdwallet.com

plug your shit in here... im betting most likely worth it though.

 

[FirstWorldProblems]

DEEZUZ as much as I fear saying this because I think you'll follow my instructions for a cash-out refi then blow the money on vacations and fast food, you should probably do a refi and also take out some extra cash to pay off the CC debt you're always complaining about. Don't use it to pay off/down ANYTHING else. Not your car loan, not any student loans, not your fancy lawn mower, nothing else. If your house is worth 170k you can refi for up to 136k without paying PMI. If you currently owe 125k, you can prob take out ~9k cash after closing costs.

Never in history have we been able to borrow against our houses for ~2%. It's a great time to pay off high interest debt.

 

[Yaj Yak]

oh he goin back to mexico FOR SURE

 

[FirstWorldProblems]

oh he goin back to mexico FOR SURE

14 days this time

 

[DEEZUZ]

DEEZUZ as much as I fear saying this because I think you'll follow my instructions for a cash-out refi then blow the money on vacations and fast food, you should probably do a refi and also take out some extra cash to pay off the CC debt you're always complaining about. Don't use it to pay off/down ANYTHING else. Not your car loan, not any student loans, not your fancy lawn mower, nothing else. If your house is worth 170k you can refi for up to 136k without paying PMI. If you currently owe 125k, you can prob take out ~9k cash after closing costs.

Never in history have we been able to borrow against our houses for ~2%. It's a great time to pay off high interest debt.

 

[DEEZUZ]

 

[DEEZUZ]

DEEZUZ as much as I fear saying this because I think you'll follow my instructions for a cash-out refi then blow the money on vacations and fast food, you should probably do a refi and also take out some extra cash to pay off the CC debt you're always complaining about. Don't use it to pay off/down ANYTHING else. Not your car loan, not any student loans, not your fancy lawn mower, nothing else. If your house is worth 170k you can refi for up to 136k without paying PMI. If you currently owe 125k, you can prob take out ~9k cash after closing costs.

Never in history have we been able to borrow against our houses for ~2%. It's a great time to pay off high interest debt.

Keep in mind nrevr ever has one of my CC's ever had more than 0% interest but I like your idea... Wipe out all frivolous debt(my 2 CC's that total ~$6500)

 

[FirstWorldProblems]

Keep in mind nrevr ever has one of my CC's ever had more than 0% interest but I like your idea... Wipe out all frivolous debt(my 2 CC's that total ~$6500)

0% only lasts so long, normally 15 months max. Then it shoots up to 10-20%

 

[DEEZUZ]

0% only lasts so long, normally 15 months max. Then it shoots up to 10-20%

Yep. I know. Either gets paid6or transferred to nother card. Lmao.

 

[DEEZUZ]

Hi. So rifi looks like

20 years 2.6%

As opposed to my current

30 years 4.375

 

[Turk]

I’m using my Guaranteed Rate. 15 year at 2.375% with zero closing costs.

 

[Intel]

Yeah 30 year for 2.7 percent is in my near future. Friend works at Guaranteed Rate, they have been stupid busy.

 

[bikrboy128]

Closing this Thursday with first centennial at 2.6% for 30 years. They're bringing the paperwork to my house to sign, too.

 

[v6buicks]

I just find a time where I know I'll have nothing going on for a couple hours and sign up on Lending Tree. I say a couple hours because you can expect your phone and email to blow up for a while with competitive offers.

 

[Kepa]

The main special case to this is if you set up a VPN yourself. At that point you are paying for the server and the transmission capacity, obviously, yet you're not paying a VPN supplier https://en.finevpn.org/ . That is the most secure and best free VPN instrument on the Android —one that you run yourself.

 

[DEEZUZ]

I'm doing a no cash out refi..

Why am I getting $2k cash back?

Is it cause they over estimate the loan to not have to redo it if it's short when closing?

 

[Yaj Yak]

yes

 

[Turk]

2k back is a bad job estimating your loan payoff lol.

 

[Turk]

Going from 30 year 7/1 3.125 ARM - 3 years into it (want the security of fixed rate) to a 20 year 3.25 fixed
Lender credit - $1500 covers almost all of their fees.
My cost - $1000 approx. for title services
Rolled over the rest into the loan (prepaid interest, escrow and taxes)

unless rates have gone up a lot recently, this does not sound like a good deal. I’d shop around.

 

[DEEZUZ]

2k back is a bad job estimating your loan payoff lol.

Sooo 1600 cash back and they have my appraisal at 400 but they said the appraisal gets waived at the end. They don't want to under shoot it so they just estimate it out high. If it's over 2k then they just adjust the loan amount.

 

[Turk]

Sooo 1600 cash back and they have my appraisal at 400 but they said the appraisal gets waived at the end. They don't want to under shoot it so they just estimate it out high. If it's over 2k then they just adjust the loan amount.

It doesn’t really matter in the end as it all evens out. Either your loan is lower or you have some extra cash.

 

[FESTER665]

Sooo 1600 cash back and they have my appraisal at 400 but they said the appraisal gets waived at the end. They don't want to under shoot it so they just estimate it out high. If it's over 2k then they just adjust the loan amount.

Do they come out to your house and have an inspector come through? I thought I recall you doing a lot of work around the house. The only reason I haven't started to look into refi is because I have a few unfinished projects going on and I wanted to complete them first.