Refinance in CA with Owning.com

[snoozer]

Has anyone here done a refinance with Owning? https://owning.com/index-refi.html#amounts
They are a relatively new real estate company based in SoCal that also does mortgages, immediate purchases, and rebates for buyers.
The refinance rates seem too good to be true with no closing costs, so I’m curious if they are legitimate and whether people have had experiences (good or bad)
Thanks!

[Count of Notre Dame]

Bump. 100% LTV seems too good to be true! I just did a HELOC up to 90% LTV but the rate was 6%.

[StewedCarrot]

We're close to closing on a 3.125% 30-year refinance with Owning.com. Bumping this old thread to get any last minute input from the group.

Did they keep their word no-cost, no surprises?
All go smoothly with their notary?
Any comments on servicing?

[BrandonBogle]

Per the reports from the Refi Mega Thread and forums elsewhere, they are a great company to work with and very competitive if you fit their mold. If you have under a $300k balance, they won't be "no fee" and may not have the best rate, but they will still be competitive.

[StewedCarrot]

Posting for future forum searchers -- experience was good. They drop the rate to 2.99% no-cost to match a competing offer the day before signing.

Application to signing was just over 2 weeks, mostly due to me making a change. Closed quickly after that. Loan officer was great, very responsive.

10/10 would use again.

[Minty]

Closed in late June 2020. No tricks, closed as promised in original loan estimate. 2.375 on a 15, around $350k, no cost.

[confused1]

Same here - no issues, closed on $600k 2.75% about 8 weeks ago. Painless process would use again

[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?

[confused1]

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.

[Starfish]

Has anyone here done a refinance with Owning? https://owning.com/index-refi.html#amounts
They are a relatively new real estate company based in SoCal that also does mortgages, immediate purchases, and rebates for buyers.
The refinance rates seem too good to be true with no closing costs, so I’m curious if they are legitimate and whether people have had experiences (good or bad)
Thanks!

Yes, me. I refinanced before, but this was easier. Good experience! They sold my loan to US Bank.

[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. Some of their reviews are terrifying.

[confused1]

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. Some of their reviews are terrifying.

I was worried as well after reading the reviews but no issues so far. One regular payment and one principle payment made with no issues. First automated payment coming out next month.

[manatee2005]

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. Some of their reviews are terrifying.

Mine went to PNC bank. It’s ok but not great. I really liked Mr Cooper when I had it. I hated UWM.

[hbdad]

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. Some of their reviews are terrifying.

Mine went to PNC bank. It’s ok but not great. I really liked Mr Cooper when I had it. I hated UWM.

Why did you hate UWM? I have them right now and no complaints. Easy web interface. Easy to schedule or change extra payments. I don’t have an escrow account though, so maybe that’s the difference?

[manatee2005]

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. Some of their reviews are terrifying.

Mine went to PNC bank. It’s ok but not great. I really liked Mr Cooper when I had it. I hated UWM.

Why did you hate UWM? I have them right now and no complaints. Easy web interface. Easy to schedule or change extra payments. I don’t have an escrow account though, so maybe that’s the difference?

I probably got spoiled by Mr Cooper. UWM doesn’t have a mobile app for example.

[confused1]

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. Some of their reviews are terrifying.

I was worried as well after reading the reviews but no issues so far. One regular payment and one principle payment made with no issues. First automated payment coming out next month.

First automated payment came out successfully, SLS is going well from my pov