Search found 1398 matches

by Goal33
Sat Sep 19, 2020 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

am i missing something? how is everyone getting <3%? wife and i have a combined income of $250K. excellent credit (780+) and are looking to put 20% down on a $700-750K home. the best we've found is 3.25% . we've checked Better, Alliant, Citi, Chase and Rocket. we're in NY if it matters. totally at ...
by Goal33
Fri Sep 18, 2020 4:20 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 81
Views: 5018

Re: Ring for a new girlfriend

Don’t do it.

And don’t do the engagement ring until you’re ready to start planning the wedding.
by Goal33
Thu Sep 17, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Does your previous loan usually get paid off on the disbursement date or 1 day later? Both are quite common. It just depend on variables such as when the new lender sends the wire to the settlement agent, when the settlement agent chooses to process verification of receiving those funds and then se...
by Goal33
Thu Sep 17, 2020 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Does your previous loan usually get paid off on the disbursement date or 1 day later?
by Goal33
Thu Sep 17, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Thanks for this "mega" thread, it inspired me to start my own refinance process. Here's what I am working with right now - need advice on whether it makes sense to lock and follow through. Loan type: 30 year (jumbo) Loan Amount: 910K Rate: 2.75% Points: $11k Other expenses: $3k I am currently on a ...
by Goal33
Thu Sep 17, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Thanks for this "mega" thread, it inspired me to start my own refinance process. Here's what I am working with right now - need advice on whether it makes sense to lock and follow through. Loan type: 30 year (jumbo) Loan Amount: 910K Rate: 2.75% Points: $11k Other expenses: $3k I am currently on a ...
by Goal33
Thu Sep 17, 2020 4:54 am
Forum: Personal Consumer Issues
Topic: Building a house and builder screwed up exterior paint horribly
Replies: 102
Views: 5892

Re: Building a house and builder screwed up exterior paint horribly

I think you’re responsible for the paint

The house is painted. Go with a different painter to fix so you can close the deal with this guy.

4k concession on concrete makes sense. Try to make him pay the interest also.
by Goal33
Wed Sep 16, 2020 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Does anyone know what goes into who ends up servicing the loan. I see that certain loans are sold off to Well Fargo but some remain at LenderFi. Is LenderFi keeping those that will make them more money? Or some different criteria? I don't know how they operate but I assume they want these loans and...
by Goal33
Wed Sep 16, 2020 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Posted this in the LenderFi thread but figured I'd ask here since it's relevant to all lenders: Signing/Closing on Friday 9/18 Disbursement on Wednesday 9/23 On the "CALIFORNIA PER DIEM INTEREST CHARGE DISCLOSURE" there is an option to check or not check a box that says "I request loan disbursement ...
by Goal33
Wed Sep 16, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Signing/Closing on Friday 9/18 Disbursement on Wednesday 9/23 On the "CALIFORNIA PER DIEM INTEREST CHARGE DISCLOSURE" there is an option to check or not check a box that says "I request loan disbursement occur on a Monday or a day immediately following a bank holiday. As such, interest will commence...
by Goal33
Wed Sep 16, 2020 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: better vs lenderfi refi if all else equal
Replies: 10
Views: 603

Re: better vs lenderfi refi if all else equal

do both, see who closes first [/quote] I'm naive but what exactly do yo mean? Lock rate with both tell them both you want to move forward and set a closing date etc and then whoever shows up with the closing date first sign and then call the other company and say you are not moving forward? I guess...
by Goal33
Wed Sep 16, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: better vs lenderfi refi if all else equal
Replies: 10
Views: 603

Re: better vs lenderfi refi if all else equal

Bd4727 wrote: Wed Sep 16, 2020 2:59 pm which would you go with? was able to get better to match lenderfi exactly. I feel like I had better customer service interaction / easier to get in touch with better. any other opinion?
do both, see who closes first
by Goal33
Tue Sep 15, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

If I want a copy of the packet I’m going to be signing should I email LenderFi or Amrock? I called Amrock to get mine. You should have been e-mailed a closing contact or you can just call the main number and give them your loan number and they can pull up your file. How far in advance did they have...
by Goal33
Tue Sep 15, 2020 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

If I want a copy of the packet I’m going to be signing should I email LenderFi or Amrock?
by Goal33
Tue Sep 15, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Update: Refinanced with LenderFI back in February and was very happy with speed,rate, etc that I went with them again. However, we closed on August 21st, funding was supposed to be on the 26th which I assumed everything went fine. Fast forward to last week when I noticed my old loan still wasn't sh...
by Goal33
Tue Sep 15, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Update: Refinanced with LenderFI back in February and was very happy with speed,rate, etc that I went with them again. However, we closed on August 21st, funding was supposed to be on the 26th which I assumed everything went fine. Fast forward to last week when I noticed my old loan still wasn't sh...
by Goal33
Mon Sep 14, 2020 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Did I Botch My Refinance?
Replies: 5
Views: 1153

Re: Did I Botch My Refinance?

Probably didn't botch it but this was a pretty annoying thing to do to yourself. You'll pay for it by having to providing documentation and letters of explanation. I think it'll still work out though.
by Goal33
Mon Sep 14, 2020 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Johny wrote: Mon Sep 14, 2020 5:27 pm Has anyone ever been able to negotiate the origination fees under A on an LE before? Maybe even get them waived completely? Thank you.
mine are $0 and i didn't negotiate. LenderFi
by Goal33
Mon Sep 14, 2020 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Can anyone please point me in the right direction to get started on a refi? Central TX, home value approx. $400k, loan balance approx. $160k. On a 15 yr @ 2.75% currently If I'm understanding the refi calculators correctly, I need to be around 2% with little to no closing costs for this to make sen...
by Goal33
Mon Sep 14, 2020 3:04 pm
Forum: Personal Investments
Topic: How to handle spouse's unvested CalSTRS defined benefit account?
Replies: 4
Views: 225

Re: How to handle spouse's unvested CalSTRS defined benefit account?

Same situation. I am going with option 3 for now. I will eventually go with option 1. Here's my logic: I don't want to roll it into the 401k plan until she's eligible for SS with 10 years of earnings. If I rolled it over right now, she'd have to start all over again if she ever goes back to a CalST...
by Goal33
Mon Sep 14, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

nevermind
by Goal33
Mon Sep 14, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

dlrkw9mu wrote: Mon Sep 14, 2020 1:56 pm
Goal33 wrote: Mon Sep 14, 2020 12:41 pm I am signing on 9/17... closing date says 9/17. Disbursement Date says 9/22.

When is it safe to give my employer notice?
Employer notice? Are you refinancing your mortgage or retiring?
New job.
by Goal33
Mon Sep 14, 2020 12:54 pm
Forum: Personal Investments
Topic: How to handle spouse's unvested CalSTRS defined benefit account?
Replies: 4
Views: 225

Re: How to handle spouse's unvested CalSTRS defined benefit account?

Same situation. I am going with option 3 for now. I will eventually go with option 1. Here's my logic: I don't want to roll it into the 401k plan until she's eligible for SS with 10 years of earnings. If I rolled it over right now, she'd have to start all over again if she ever goes back to a CalSTR...
by Goal33
Mon Sep 14, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

I am signing on 9/17... closing date says 9/17. Disbursement Date says 9/22.

When is it safe to give my employer notice?
by Goal33
Mon Sep 14, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 142
Views: 10341

Re: Paying off sub 4% mortgage interest rate early

How did you obtain a no-cost refi? My wife and I are in the market for one (well, a cash-out refi). Got the advice from the mega refinance thread. Used LenderFi. When did you do this? I’m in the process now. I’m getting 2.5% but I locked on the lowest date. Depending on your circumstances you can l...
by Goal33
Sun Sep 13, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

I did a refinance with Lenderfi that started(!) in March. As everything locked down we blew WAY past the time limit on the rate we locked, which was 3.375%. Lenderfi never relocked another rate, but gave me the market rate when we finally closed, which was 3.0%. Since I had no obligation to follow ...
by Goal33
Sun Sep 13, 2020 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

In CA, LTV 30%, $585K loan on $2M value. FICO 800+. Best rate I see is from LenderFi at 2.375% no cost for 15 years. 2.625% no cost for 30 years. Anyone see anything lower (I do see above a bunch of people getting 2.25, 2.125% no cost), so wonder what is up. thanks! Interactive Mortgage is advertis...
by Goal33
Sat Sep 12, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

I am wondering if the lenders commonly mentioned on this thread only do "cookie cutter" mortgages. I have a property in which ~70% of the value is my primary residence, but i also have detached buildings on the property (small cottage and a duplex) that I rent out for very little income. When I got...
by Goal33
Sat Sep 12, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 142
Views: 10341

Re: Paying off sub 4% mortgage interest rate early

Start by paying it off in full with a no cost refinance under 3%, then decide. How did you obtain a no-cost refi? My wife and I are in the market for one (well, a cash-out refi). Got the advice from the mega refinance thread. Used LenderFi. When did you do this? I’m in the process now. I’m getting ...
by Goal33
Sat Sep 12, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

I am wondering if the lenders commonly mentioned on this thread only do "cookie cutter" mortgages. I have a property in which ~70% of the value is my primary residence, but i also have detached buildings on the property (small cottage and a duplex) that I rent out for very little income. When I got...
by Goal33
Sat Sep 12, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

We are in the beginning refi stages with LC and completed initial disclosures and sent in the required documents. We pay off our 2 credit cards in full every month from prior month charges(gas/food/bills/etc)...usually $2-3k balances. Is this going to be a problem if they see large payoffs on a sta...
by Goal33
Sat Sep 12, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 142
Views: 10341

Re: Paying off sub 4% mortgage interest rate early

3funder wrote: Sat Sep 12, 2020 10:22 am
Goal33 wrote: Fri Sep 11, 2020 2:32 am Start by paying it off in full with a no cost refinance under 3%, then decide.
How did you obtain a no-cost refi? My wife and I are in the market for one (well, a cash-out refi).
Got the advice from the mega refinance thread. Used LenderFi.
by Goal33
Fri Sep 11, 2020 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Bet that 30-year mortgage rates are below 2.00% by July 2021
Replies: 37
Views: 3773

Re: Bet that 30-year mortgage rates are below 2.00% by July 2021

I think rates stay about where they are for a long time
by Goal33
Fri Sep 11, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Profile: - Home value 625k - Mortgage 457k - Current rate 3.125, 30 years remaining (recent refi, but situation was complicated at the time so couldn't reach for better rate...) - Central TX We have a recent home sale and paid off our 2nd mortgage on existing home. None of these transactions are re...
by Goal33
Fri Sep 11, 2020 2:32 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 142
Views: 10341

Re: Paying off sub 4% mortgage interest rate early

Start by paying it off in full with a no cost refinance under 3%, then decide.
by Goal33
Thu Sep 10, 2020 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Anyone have any luck on sub-3% jumbo 30yr FRM refis? I’m in IL. Thanks! I’m locked in with LD at 2.625% on $620k refi in CA I'm guessing this is a super conforming loan in a high-cost area (sellable to Fannie/Freddie) and not actually a jumbo. I sure hope so otherwise I made a mistake paying down m...
by Goal33
Thu Sep 10, 2020 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

When it comes to getting up to $2000 back on a loan without it changing the loan type... does prepaid interest owed on the new loan count towards that $2000 or is the $2000 on top of that?
by Goal33
Thu Sep 10, 2020 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

propertyrefi576 wrote: Thu Sep 10, 2020 12:16 am which lenders look at transunion only ?
Probably no such lender.
by Goal33
Wed Sep 09, 2020 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

My rate lock expired over a week ago and I’m still in line to be reviewed by underwriting. I was hopeful this would be done by now. They’ve hurt the quality of their service by opening the site front up again but they probably want to make the money while the money is good. I am dreaming of a close ...
by Goal33
Tue Sep 08, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Does anybody have experience changing jobs during a refi (specifically with LenderFi would be great). They were supposed to be totally done weeks ago but it just drags on and on in underwriting. I don't know why. I am going to change jobs and I've dragged it on as long as possible. If I don't get a...
by Goal33
Tue Sep 08, 2020 6:55 pm
Forum: Investing - Theory, News & General
Topic: Pay off condo mortgage?
Replies: 7
Views: 684

Re: Pay off condo mortgage?

Depends how much the home you're saving for costs... if you have enough in that account, then feel free to pay it off...
by Goal33
Tue Sep 08, 2020 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6762
Views: 447840

Re: Refinance Mega Thread

Does anybody have experience changing jobs during a refi (specifically with LenderFi would be great). They were supposed to be totally done weeks ago but it just drags on and on in underwriting. I don't know why. I am going to change jobs and I've dragged it on as long as possible. If I don't get a ...
by Goal33
Tue Sep 08, 2020 2:24 pm
Forum: Personal Investments
Topic: Vanguards brokerage account number
Replies: 17
Views: 698

Re: Vanguards brokerage account number

learn something new everyday here
by Goal33
Tue Sep 08, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: House sale quandary - under contract!
Replies: 66
Views: 8565

Re: House sale quandary - got offer from neighbor before agent listed house

What kind of deal is this for you? The neighbor is getting all the commission. Split it or list it
by Goal33
Fri Sep 04, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

Has anybody else blown past the rate lock with LenderFi? At best I can’t imagine being at funding until 3 weeks after the rate lock expiration. Will they still honor their locks?
by Goal33
Fri Sep 04, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

ossipago wrote: Fri Sep 04, 2020 3:53 pm I just got my LE from LenderFi and rate isn't locked (I already submitted preliminary financial information through their main site; this is in the stage where you begin to e-sign documents through their portal). When do they actually lock a rate in?
Have you told them you want to lock it?
by Goal33
Fri Sep 04, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

My lock expired on 9/2, and I still haven't heard a peep about closing or received a clear to close or closing disclosures. Processor called me last week- we played phone tag, but never actually talked. If this takes much longer, I might just give up (especially if I lose my job soon, which is enti...
by Goal33
Fri Sep 04, 2020 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

My lock expired on 9/2, and I still haven't heard a peep about closing or received a clear to close or closing disclosures. Processor called me last week- we played phone tag, but never actually talked. If this takes much longer, I might just give up (especially if I lose my job soon, which is enti...
by Goal33
Fri Sep 04, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101070

Re: My LenderFi refinance is going well

My lock expired on 9/2, and I still haven't heard a peep about closing or received a clear to close or closing disclosures. Processor called me last week- we played phone tag, but never actually talked. If this takes much longer, I might just give up (especially if I lose my job soon, which is enti...