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jjhk121

Anybody get a 1098 yet from LenderFi? I refinanced twice in 2020, once with Owning and once with LenderFi. I've received one from Owning but nothing yet from LenderFi. Just got mine on Friday. Would you mind sharing LenderFi's tax identification number and their address on the 1098? I thought I pai...

jjhk121

Anybody get a 1098 yet from LenderFi? I refinanced twice in 2020, once with Owning and once with LenderFi. I've received one from Owning but nothing yet from LenderFi. Is LenderFi your servicer? No, but prepaid interest was paid to LenderFi at closing. With Owning, they sent a 1098 for the prepaid ...

jjhk121

Anybody get a 1098 yet from LenderFi?

I refinanced twice in 2020, once with Owning and once with LenderFi. I've received one from Owning but nothing yet from LenderFi.

jjhk121

LenderFi - loan approved and funded on Oct-1st. First payment is due on Nov-1st but did not get any instruction to set up auto pay to new loan, any noels in the same boat, I have contacted them few times but no reply at all. after 3 weeks of nagging with many e-mail today got one delegation to some...

jjhk121

I'm the same as you! Informed today that loan got sold to Amerihome. I'd be curious if others have experience as well. Online reviews are bad, but I always take those with a grain of salt as people don't review decent/good experiences with a large mortgage servicer typically. Edit: Here's one poste...

jjhk121

Another Data Point: 9/29 - Disbursement date Today - Received email from post-closer with link to final disclosure and notice that my loan was sold to AmeriHome I was hoping it would go to Wells Fargo but also just happy that I never had to deal with LenderFi's servicing sites or have to mail a paym...

jjhk121

LenderFi's new servicing site seems to have gone live. The 'servicing' drop down lenderfi.com now shows two links, one for payments due before Oct. 31 and one for payments due on/after Nov. 1. The direct link for the new servicing site is https://lenderfi.servicingdivision.com/Account/Login . My loa...

jjhk121

Ok guys, HELP! I just tried to apply for a LF Refi, 400k loan value, home is worth 600k+. Here is the message I got from the website. Due to COVID-19 and its economic effects, we are not offering loans above $331,760.00 at this time. Please revise your loan amount to continue, or call your loan off...

jjhk121

May I request forum members to state the rates in specific format like: Lender/Term/Type/Rate/APR/Points/ClosingCosts LenderFi/30yr/Fixed/2.625/2.634/0/$700 Most loans discussed in this thread are no-cost or very low cost so this is not necessary. People here want to see the costs broken down in th...

jjhk121

Has anyone had experience with LenderFi and appraisals? For some reason I couldn’t get out of appraisal in spite of approx 50% LTV. Fortunately, closing credits will cover cost. I locked on 9/16, uploaded documents on 9/17 and haven’t heard anything about scheduling an appraisal. I’m getting a litt...

jjhk121

New data point here. Signed LE on 9/20 Locked via phone on 9/21 Haven't heard anything else. Anyone wait this long to see locked paperwork after locking over the phone? I didn't get my locked estimate until 12 days after I locked verbally on the phone. After that though I was assigned to a good pro...

jjhk121

Has anybody paid closing costs with a personal check? I owe about $900 cash to close and double checked with my processor the amount owed so that I could get a cashier's check from the bank. She said that for that amount I could pay with a personal check. I was surprised because I thought a cashier...

jjhk121

Also, we are now scheduled for closing this Thursday 9/24 with the notary coming to our house, and funding supposed to be by 9/28. Assuming all goes well, it will end up being ~24 days from initial application to funding of the refi. Just closed with the notary, from Amrock/Silk Title. Everything w...

jjhk121

I'm done!! For data points: 7 weeks App to Funding. They told me it would be 3 weeks, so the additional 4 weeks was frustrating for me and cost me around $500 based on my old interest rate vs. my new locked interest rate. Also, I had to pay for a lender payoff statement twice. This cost me an extra...

jjhk121

Has anybody paid closing costs with a personal check? I owe about $900 cash to close and double checked with my processor the amount owed so that I could get a cashier's check from the bank. She said that for that amount I could pay with a personal check. I was surprised because I thought a cashier'...

jjhk121

My lock expires on the 10th. My processor ordered my HOA docs on the 3rd but said that the turn around time is about 7 to 10 business days so they'll be extending the lock to accommodate that.

jjhk121

I have lost faith on LenderFi's ability to execute. Rate lock expiration has come and gone. Still in line to be underwritten. They came back one time for more information which I provided. Super conforming, 2.5%, 75% LTV, CA, Lender Credit covers all costs, from a month ago. Will anybody match? Rat...

jjhk121

I want to say "Thank you" to everyone in this thread and mega-refi thread. Closed the loan with LenderFi yesterday at 2.5% 30 yr. Start to end exactly a month. Now just need to make sure I get my escrow amount back from Wells Fargo and the "few hundred dollars" that LenderFi pai...

jjhk121

I just closed with LenderFi on Wednesday the 29th. I applied at multiple places over the course of a week approximately a month ago. I just had another hard credit pull show up on my report last night, presumably from one of the websites/lenders that had not yet gotten back to me with rates. Since ...

jjhk121

I'm confused about having to pay property taxes at closing if you close within 60 days of when your property taxes are due. I'm currently on schedule to close with LenderFi around Sept. 5th which is within 60 days of when my first property tax payment would be due, Nov. 1st. I don't have an escrow ...

jjhk121

I'm confused about having to pay property taxes at closing if you close within 60 days of when your property taxes are due. I'm currently on schedule to close with LenderFi around Sept. 5th which is within 60 days of when my first property tax payment would be due, Nov. 1st. I don't have an escrow a...

jjhk121

For those of you that have refinanaced more than one in 2020: does the second refi usually require an appraisal, even if the first refi did? Can they simply refer to the one completed just a month or two ago? I closed with Better Mortgage in mid-July. I couldn't get my appraisal waived for my first...

jjhk121

Has anyone been able to get the appraisal requirement waived with Lenderfi? I couldn't get mine waived with LenderFi. My LTV is 74.5% and loan amount is $749.5k. When I was on the phone with my loan officer I heard him trying different things on his computer but his system wouldn't let him waive it.

jjhk121

I've searched and searched without luck. Does LenderFi require a hard pull just to see rates? No, you can enter your loan amount and property information on their site and they will show you different options. Once you actually apply with a hard pull a loan officer will give you better rate/lender ...

jjhk121

LenderFi's front door is open again. https://www.lenderfi.com/ The Fannie/Freddie fee probably cut down on backdoor applications and let their team play catch up for the past week. I just wish my loan was farther along than the 'processing' stage before they opened the front door for applications ag...

jjhk121

Owning.com seems to have responded to the FHFA fee postponement. They have gone back to no cost (same rate and APR) for now. Yesterday they were charging a 1 point origination fee.

jjhk121

Rates had inched up in the days before the fee announcement anyways. I don't think this new announcement will affect much.

jjhk121

Just signed today, had a rough time with the loan processor through the entire process but at least thats over with. A few questions on the next week if people could chime in. Loan is supposed to fund on the 26th. Does this mean the loan will be paid directly to my current servicer? Come the first ...

jjhk121

Thanks to this godsend thread, we closed our refinance last month - we got notified by Wells Fargo that they are the new servicer/lender. We set up auto payments- looking good. Now our old lender - Bank of America has not mailed us the overage check - escrow balance + any excess payments. We tried ...

jjhk121

LenderFi wasn't able to get my appraisal waived and they charged my credit card the $470 appraisal fee. So if the cash to close on my loan estimate is $517, I will really only need to ACH $47 ($517-470) on closing day, right? My LE is linked below. https://imgur.com/a/9orDIU0 When you get to the po...

jjhk121

LenderFi wasn't able to get my appraisal waived and they charged my credit card the $470 appraisal fee.

So if the cash to close on my loan estimate is $517, I will really only need to ACH $47 ($517-470) on closing day, right? My LE is linked below.

https://imgur.com/a/9orDIU0

jjhk121

I verbally locked with my loan officer on the 12th. He sent an email requesting documents right after hanging up. I uploaded my documents that same day. It's now been 7 days and I haven't received a locked loan estimate or rate lock disclosure to sign. Is this normal? Mine was the next day after ha...

jjhk121

I verbally locked with my loan officer on the 12th. He sent an email requesting documents right after hanging up. I uploaded my documents that same day.

It's now been 7 days and I haven't received a locked loan estimate or rate lock disclosure to sign. Is this normal?

jjhk121

Owning has some weird looking rates today. I assume this is because of the new Fannie/Freddie fee. Good news is that their 30yr fixed rates have actually done down from where they were the past few days.

jjhk121

I locked my rate yesterday @ 3.30 pm PST with LenderFI. They said it will take 2-3 days to get LE. I don't know when the announcement was made about 0.5% fee. Do you guys think LenderFI will honor my lock rate with no closing costs? I am hoping so as they didn't mention anything about these fees wh...

jjhk121

Not much you can do as the appraiser has to come inside to do the job correctly. He/she will wear a mask, have everyone in the house wear a mask, open doors/windows, offer the appraiser hand sanitizer.

jjhk121

So how do I select which lender to contact to pursue a refinance? I see Better, LenderFi, LoanDepot mentioned alot. 30 year fixed 450,000 loan amount 60% LTV Refinance FICO score very high- 800+ No Debt Retired Living in NJ I am looking for the lowest closing costs, not the lowest rate. Currently a...

jjhk121

I locked my rate yesterday @ 3.30 pm PST with LenderFI. They said it will take 2-3 days to get LE. I don't know when the announcement was made about 0.5% fee. Do you guys think LenderFI will honor my lock rate with no closing costs? I am hoping so as they didn't mention anything about these fees wh...

jjhk121

I locked my rate yesterday @ 3.30 pm PST with LenderFI. They said it will take 2-3 days to get LE. I don't know when the announcement was made about 0.5% fee. Do you guys think LenderFI will honor my lock rate with no closing costs? I am hoping so as they didn't mention anything about these fees wh...

jjhk121

There's no way to see the documents you've uploaded on their portal, right? Their document upload is portal is weird when you have to upload more than one of something. They asked for the last 2 pay stubs for me and my wife, so 4 pay stubs in total. I'll probably just end up faxing everything just ...

jjhk121

There's no way to see the documents you've uploaded on their portal, right? Their document upload is portal is weird when you have to upload more than one of something. They asked for the last 2 pay stubs for me and my wife, so 4 pay stubs in total. I'll probably just end up faxing everything just t...

jjhk121

https://twitter.com/NickTimiraos/status/1293706997297184772?s=20 http://www.mortgagenewsdaily.com/consumer_rates/951943.aspx "The FHFA, Fannie and Freddie's regulator, is implementing a new price adjustment for all refinance transactions of 0.5% of the loan amount (i.e. $1500 on a $300k loan)....

jjhk121

For 15 year in CA do you think 2.375 is reasonable to expect? For example if Owning.com states 2.5 (for larger mortgage size) should I wait for website to say 2.375 or should I apply anyway thinking they might drop their rates while I am in process before anything is locked. My agent at Owning clai...

jjhk121

SoCal resident here. LenderFi seems pretty slammed and not interested in a lot of negotiation. I got a great initial offer from them for 2.875% no cost 30 year, but when the loan officer called me for the first time, he seemed to not remember or realize it was the first time we had ever talked. I'v...

jjhk121

I just got my refi funded with them this week. For recent closers, did they transfer your servicing right away or have you made payments direct to Owning? Transferred servicing right away to SLS, just made our first payment directly to them. SLS is who I'm hoping my loan doesn't get transferred to....

jjhk121

BofA just did the same to me a few weeks ago. They closed my Cash Rewards Visa which I hadn't used in 2 years. I noticed it wasn't listed under my accounts anymore when I logged into the website so I had a feeling they closed it. I called just to make sure and the person I spoke with verified that t...

jjhk121

I just got my refi funded with them this week. For recent closers, did they transfer your servicing right away or have you made payments direct to Owning?

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