Search found 17 matches

by tuck3979
Fri Jul 31, 2020 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

About 25 min ago, LC had the 15 yr showing 1.75% with $0 points. I took a photo with my phone of the screen (I was having computer problems, or I would have just done a screen capture, but that's a different story... ) The 30 yr was 2.375% with $280 in fees. Now, if I refresh the site with the same...
by tuck3979
Tue Jul 21, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

For anyone looking for another lender - try Caliber. They are a wholesaler with a broker network. Slickdeals is quoting some good success stories, similar to some of the Better.com deals that people are scoring (crazy high credits, 2.75% 30year). I also will share in the next day another wholesaler...
by tuck3979
Tue Jul 21, 2020 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

For anyone looking for another lender - try Caliber. They are a wholesaler with a broker network. Slickdeals is quoting some good success stories, similar to some of the Better.com deals that people are scoring (crazy high credits, 2.75% 30year). I also will share in the next day another wholesaler...
by tuck3979
Tue Jul 21, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

For anyone looking for another lender - try Caliber. They are a wholesaler with a broker network. Slickdeals is quoting some good success stories, similar to some of the Better.com deals that people are scoring (crazy high credits, 2.75% 30year). I also will share in the next day another wholesaler ...
by tuck3979
Mon Jul 20, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

As someone who used to trade MBS, this article http://www.mortgagenewsdaily.com/mortgage_rates/blog/949814.aspx is amazingly good at breaking down the trade on your loans. Most of you already understand that the companies you're working with (Better, LenderFi, etc.) are simply selling your loans. Ev...
by tuck3979
Mon Jul 20, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

Anyone get 2.625% and below rates for 30 yr fixed refi with no cost? I've seen a couple success stories on Slickdeals, but very few. LenderFi was doing some at this rate for the perfect scenarios. I was quoted a no-cost 2.625% from them but ended up with Better and closed a 2.75% with $4k credit an...
by tuck3979
Tue Jun 30, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

Refinance completed. 6/15: Locked at Better 6/25: Title cleared, underwriting completed already 6/30: Closed, wire submitted (escrow) 2.75% 30 year A+B+C+E = $1,100 Credit = $3,867 AMEX = $2500 Total profit = $5,267 I did escrow, so paid out of pocket at close and will get check back from prior lend...
by tuck3979
Tue Jun 30, 2020 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

Thanks to this forum I'm a bit more optimistic - the AMEX $2500 is going to cut my closing costs in half. Here's what I'm getting apples to apples on a 202k loan for 30 years at 2.75%. I have a few offers for lowers % by purchasing points but 2.75% is as low as better.com is offering and really the...
by tuck3979
Sat Jun 27, 2020 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

Not saying rates won’t continue to go down, but I think anyone who took advantage of Better and AMEX over the past 2-3 weeks may have made the best deals possible. Still jelly of the prior poster who got 30 yr 2.75% and $3600 in credits + $2500 AMEX credit. That was me! I'm actually up to $4k credi...
by tuck3979
Sat Jun 27, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

There may be changes coming to better.com and their price guarantee. While talking to them on the phone yesterday I was told the price guarantee is being replaced by the better price match. They will match a competing offer and beat costs by $100. A big difference compared to the $1000 they had off...
by tuck3979
Sat Jun 27, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

There may be changes coming to better.com and their price guarantee. While talking to them on the phone yesterday I was told the price guarantee is being replaced by the better price match. They will match a competing offer and beat costs by $100. A big difference compared to the $1000 they had off...
by tuck3979
Fri Jun 26, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

It's really important to get a bunch of quotes and shop the cheapest one around to the other companies. Wash, rinse, repeat. Persistence is key, and not taking "No" for an answer. Just keep asking if they can do better or if that's the best they can do. Feel free to use lines like, "...
by tuck3979
Wed Jun 17, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

I don’t think they will send you a check, they will reduce principal of new loan if lender credit exceeds closing cost and I believe limit on principal reduction/curtailment is $2k. Anything in excess of that would be forfeited. Thanks for your reply. reduce principal or check.. I'll take either or...
by tuck3979
Mon Jun 15, 2020 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

Hi tuck, My current loan rate is 2.5 (15 year) and I am 4 years into it with around 285k left. I got 2.25% rate from better.com but their closing cost is too high (around 12k). What was your closing cost. Thanks. these rates are starting to get insane. Started at a UWM broker, had LenderFi beat the...
by tuck3979
Mon Jun 15, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

these rates are starting to get insane. Started at a UWM broker, had LenderFi beat them, brought it to Better and here I am. +2500 AMEX is the icing. https://imgur.com/a/DPfMq1y Congrats! That is a phenomenal offer!! What state and loan amount is that for? $325k loan, 75% LTV, Illinois. Used this t...
by tuck3979
Mon Jun 15, 2020 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

these rates are starting to get insane. Started at a UWM broker, had LenderFi beat them, brought it to Better and here I am. +2500 AMEX is the icing. https://imgur.com/a/DPfMq1y Congrats! That is a phenomenal offer!! What state and loan amount is that for? $325k loan, 75% LTV, Illinois. Used this t...
by tuck3979
Mon Jun 15, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652597

Re: Refinance Mega Thread

these rates are starting to get insane. Started at a UWM broker, had LenderFi beat them, brought it to Better and here I am. +2500 AMEX is the icing.

https://imgur.com/a/DPfMq1y