Search found 9 matches

by proeddie
Fri Oct 23, 2020 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10050
Views: 710299

Re: Refinance Mega Thread

I never thought we would refi more than once in a year but here we are working on our 3rd refi this year. So we refied in Mar with owning for 3.375% no cost 30 yr. Then we refied again with better.com and closed in September for a 2.5% 30 yr loan and after all the lender credits got a positive $400 ...
by proeddie
Wed Sep 02, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10050
Views: 710299

Re: Refinance Mega Thread

I just closed on my first refinance (rate-and-term) with Better. It will be funding on Friday. How quickly can I refi again? Theoretically, can I lock with LC next week and look to close in 60 days? Also, has anyone been able to figure out if there are reissue title discounts in California? Also wo...
by proeddie
Fri Aug 07, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10050
Views: 710299

Re: Refinance Mega Thread

Thanks everyone this thread really helped me with my refi. I just locked in with Better for 2.5% 30 yr A+B+C+E of $1563 and a lender credit of $1181, and I am eligible for the Amex credit since I applied on 7/23. Took a lot of back and forth with the different lenders but eventually they matched Len...
by proeddie
Sun May 30, 2010 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance with PMI
Replies: 3
Views: 920

I just did a refi on my house and I was in simaliar situation. Then I found out that my credit union (Alliant Credit Union) does ARMs up to 90% of the property value. They dont charge PMI but if you are under the 20% they charge you an extra .5%. Their 5 year is 3.5% and 7 year is at 4.125%, so you ...
by proeddie
Fri Apr 16, 2010 9:14 am
Forum: Personal Investments
Topic: Newbie looking for advice.
Replies: 4
Views: 1093

Thanks for the replys. I edited the e/r for FSIIX and FBIDX. I also updated my percentages. His IRA FSEMX was 26% should be 20%. Thanks, I will look at Vanguard to transfer my taxable over, and what it will take to get my roth and maybe my wifes tira over there. Should I try to pay down the car or i...
by proeddie
Fri Apr 16, 2010 12:57 am
Forum: Personal Investments
Topic: Newbie looking for advice.
Replies: 4
Views: 1093

Newbie looking for advice.

I need some help with my portfolio. I'm new to indexing, Ive always just put my 401k money into whatever my coworkers were doing. So I would appreciate any help I could get. I know I have to rebalance everything but I wanted to get some input first. Emergency fund: Yes (4-5 months) Debt: 28k car loa...
by proeddie
Sun Mar 21, 2010 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Should I refi now?
Replies: 6
Views: 1092

It would cost me around 5500 to refi. But I would have to pay that in 2 years as well when my arm expires in 2 years.
by proeddie
Sat Mar 20, 2010 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refi now?
Replies: 6
Views: 1092

Thanks for the reply. I could get a 15 year or even a 30 year now but I would end up paying pmi and my rate would go up by .25% because I dont have 20% equity. I could pay it down so that in a year I could get it down to 20% and then refi. Thats why I was wondering if my best bet would be to refi no...
by proeddie
Sat Mar 20, 2010 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refi now?
Replies: 6
Views: 1092

Should I refi now?

Hi my wife and I bought our home in 2005 and at the time I got a 7 year interest only loan for $360k at 5.25%. I haven't paid much attention to my loan the past 5 years and now that I have 2 more years left on the loan before I have to refi, I have realized that I only have $50k equity in the house....