br0nd wrote: ↑
Thu Jul 30, 2020 8:14 pm
I just locked with lenderfi @ 2.5%
30 yr, 510k loan
Enough lender credits to cover all costs except prepaids/escrow.
When I called in to lock the loan, it was a little awkward. Almost felt like an Inquisition
1) we aren't taking loan apps, how did you even manage to apply today?
2) are you sure you are done shopping, otherwise I don't really want to talk to you
3) you owe us your first born if you refi in 6 months ( well that's a little exaggeration but not much)
Was not a very warm conversation, but I can deal with it to save $$
On a positive note they had my application process credited and loan estimate sent within a few hours of me submitting my app..
I snuck in to apply @ LenderFi earlier this week via the link provided here (thank you!), but with the way their website works I can't see the details on the actual closing costs, lender credits, etc (thankfully I did print to PDF the loan option page). No LE available for download. Chased the loan officer and finally just got an email reply that was very much like what you experienced via phone... unfortunately he is OOO Fri until Monday
I was down the path with Better Mortgage via the AMEX offer (which they say I applied through and qualify for, but not 100% sure I will get it since I went through a link vs it being posted on my AMEX offers page), but now considering bailing out on that and going with LenderFi. Need to see the real offer details though.
Keep pushing my home appraisal out on Better side, but have provided all docs to get to Underwriting phase.
North Carolina, FICO = 800+, 4 years into current 30 year @ 3.625%
Est. home value = $460k
Balance remaining = $280k
Better Mortgage offer:
(which took shopping @ AimLoan and elsewhere to get them to)
15 year @ 2.50%
A = $404
B = $64
C = $1579
A + B + C = $2,047
(no lender credits)
(from what I can see)
15 year @ 2.50%
(have no idea what rest is until I get LE, which hopefully will be Monday)
think LenderFi offer will be better?
unfortunately a lot of the other options posted about here are not available in North Carolina