The beauty of a no cost refi is you can continue to do it for even small changes like .125% since it's nothing out of pocket. You have the paperwork largely done already and it's not like you will be resetting the clock on the loan since you just did one. Lenders don't care, they just want the deal. I did just this last week. Signed my closing docs with Better on Thursday going from 3.5% to 3% and netting $2,500 lender credit over closing costs. Same day as signing I locked with Lenderfi at 2.75% with credit to cover costs and my new loan is now in processing.Nebelsieck wrote: ↑Wed Jul 15, 2020 9:45 pm I'm closing with LD in the next couple of days. Thanks to everyone for your thoughts, info, and advice.
I would like to try to refi again if possible. Will the lenders permit me to refi to make my loan .125 lower? Or does it need to be . 25 lower or more? It is helpful to delete my current Better application and start over in hope of getting a loan officer that's more eager to match than my previous guy was? Thanks!
My Better loan funded today, so I decided to reapply to see if they would beat Lenderfi on the new refinance. I used a different email address to start over also in hopes of getting a different loan officer. I did, but message from the new guy when I sent the Lenderfi loan estimate was: "that does seem like a great option and if I were you, I would take that and run"