Can you please help me figure out a no cost refi?
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Thread created 12-20-2011 by a931048
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There's your evidence. If the daily interest charge was positive in that worksheet and you were paying it (as I would think you should), then your next point is valid. It sounds like you have...
Can you please help me figure out a no cost refi?
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Thread created 12-20-2011 by a931048
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The closing date was not settled early enough. I was given an initial fee worksheet where it was shown all the fees credited back to me as a credit at closing. The daily interest charge was positive...
Can you please help me figure out a no cost refi?
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Thread created 12-20-2011 by a931048
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I have contacted the original broker I was dealing with and he has agreed to send me a check of $132.24. I do not believe I would have got this amount, have I not pushed for this amount which...
Can you please help me figure out a no cost refi?
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Thread created 12-20-2011 by a931048
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I have recently (Dec 7th) closed on a 15 yr no cost refi with a mortgage broker. I was supposed to get all the credits at closing to make it a no cost refi. But I did not get all the credits at...
Can you please help me figure out a no cost refi?
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Thread created 12-20-2011 by a931048
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4 Replies
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You're absolutely right that he is pocketing the daily interest charge, but it might not matter unless you have a GFE or a letter or something that actually states what the definition of a no-cost...