Seeking fast refinance in Northern Virginia

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revheck
Posts: 24
Joined: Sun Feb 12, 2012 8:29 am

Seeking fast refinance in Northern Virginia

Post by revheck »

I posted this in the Refinance thread, but got no response. So posting this here.

I have been putting off refinancing my 3.5% mortgage until we finish a remodel end of this month, but now I see rates going up and think I need to jump.

Can anyone recommend a broker in Northern Virginia who can help me lock a good rate fast? PM me if necessary.

Or advise me how to lock something in fast myself. We are in this house long term, so I don't mind paying some fees or even points to lock in a low rate for the long term. Here are the numbers:

Current Mortgage: $585K @ 3.5%
HELOC $55K at prime - 1%, but with a 4% floor.
Purchase price: $755K
Current Value: $830 according to Zillow, $815 according to Redfin

I would like to cashout and roll the HELOC and Mortgage into a single loan, but if that ruins my rate or slows things down I will likely have enough cash from an inheritance later this month sufficient to just pay off the HELOC.

Thanks.
runner3081
Posts: 3839
Joined: Mon Aug 22, 2016 3:22 pm

Re: Seeking fast refinance in Northern Virginia

Post by runner3081 »

Maybe join your local NextDoor site and ask there?
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anon_investor
Posts: 4559
Joined: Mon Jun 03, 2019 1:43 pm

Re: Seeking fast refinance in Northern Virginia

Post by anon_investor »

revheck wrote: Wed Jan 13, 2021 9:04 am I posted this in the Refinance thread, but got no response. So posting this here.

I have been putting off refinancing my 3.5% mortgage until we finish a remodel end of this month, but now I see rates going up and think I need to jump.

Can anyone recommend a broker in Northern Virginia who can help me lock a good rate fast? PM me if necessary.

Or advise me how to lock something in fast myself. We are in this house long term, so I don't mind paying some fees or even points to lock in a low rate for the long term. Here are the numbers:

Current Mortgage: $585K @ 3.5%
HELOC $55K at prime - 1%, but with a 4% floor.
Purchase price: $755K
Current Value: $830 according to Zillow, $815 according to Redfin

I would like to cashout and roll the HELOC and Mortgage into a single loan, but if that ruins my rate or slows things down I will likely have enough cash from an inheritance later this month sufficient to just pay off the HELOC.

Thanks.
Try LenderFi. Their website lists them being licensed in Virginia (https://www.lenderfi.com/licensing/).

There is an entire thread about LenderFi:
viewtopic.php?f=2&t=300733&start=1550
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