Please add sections to this wiki with useful information about the process, so that people don't have to ask the same questions over and over, or scan the whole thread for answers!
Notary and closing
Here is what you can expect or ask for from my experience:
1. New pen for signing wiped thoroughly
2. Pen stays with you after signing
3. Only material they will touch would be your ID
4. ID would be wiped and returned back
5. Can expect gloves to be worn
6. Signing can happen in your front yard or in your garage
7. If you have a Costco table then you can sit on either sides to maintain distancing
8. Masks might be recommended given new guidelines
9. Plus discuss with the notary!!
expired
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!
9.8K Comments
Sign up for a Slickdeals account to remove this ad.
I refinance often (3-4 times year) if the rates hold and take the risk of taking negative points for a little higher rate. I also shop for my own Title Company and in PA have been using Radian (previously Entitle) to control a lot of out of pocket costs.
For the years that the rates have been good I've taken anywhere from .125 to .75 higher rate and have netted $3-$5k back in closing costs. The rules have changed a lot over the years for how much credit back you can get. Most of the times the lender will want to roll the money they would give you back to either reduce your principle or apply to your Escrows. Either way thats money back into your pocket and 1 year I believe i netted back about $15-19k in 4 refinances. The break-even for the money you get back is divided by the monthly difference between the lower and the higher rate you took and I get 60-90 months to break even and thats assuming I dont refinance again +getting lump sum back.
I used to maintain a thread of the best lenders with fees and what not and learned a lot and shared a lot on the forum FYI.
Shahhere
Sign up for a Slickdeals account to remove this ad.
I refinance often (3-4 times year) if the rates hold and take the risk of taking negative points for a little higher rate. I also shop for my own Title Company and in PA have been using Radian (previously Entitle) to control a lot of out of pocket costs.
For the years that the rates have been good I've taken anywhere from .125 to .75 higher rate and have netted $3-$5k back in closing costs. The rules have changed a lot over the years for how much credit back you can get. Most of the times the lender will want to roll the money they would give you back to either reduce your principle or apply to your Escrows. Either way thats money back into your pocket and 1 year I believe i netted back about $15-19k in 4 refinances. The break-even for the money you get back is divided by the monthly difference between the lower and the higher rate you took and I get 60-90 months to break even and thats assuming I dont refinance again +getting lump sum back.
I used to maintain a thread of the best lenders with fees and what not and learned a lot and shared a lot on the forum FYI.
Shahhere
The compan you noted above is called "TitleForward"?
If so I ran my current refinance number (I get that its only an estimate) but their estimated charges are at about $400 more than what I paid with Radian Title Company.
I shopped quite a few title companies and Entitle which is now called Radian in PA was the cheapest. They used to be cheaper but PA changed the laws for title re-issue where in the past you got a discounted rate if you refinance again within 20/10/5/3 years. Like everyone PA got greedy and now everyone has to charge the full rate but still the rates that they provide are still the best.
The Lender who I used Provident is really good but their Title fees were almost 500-600 more.
Shahhere
Thats not bad and on average its about that many days. I just closed with my lender starting the 6th of Jan and signing on the 20th (11 business days, 15 calendar days).
This was a refi of the a refi I did back in Sept, 2019 so most all the paperwork carried over (W2s, tax returns etc) and only needed the paystubs and bank statements which I was able to pull within 3 hours of locking the rate over the phone.
I had vacation planned on the 22nd (today for a few weeks) so I had discussed the dates with the lender and the Title company upfront so as to not go into any last minute signing.
Shahhere
Sign up for a Slickdeals account to remove this ad.
This was a refi of the a refi I did back in Sept, 2019 so most all the paperwork carried over (W2s, tax returns etc) and only needed the paystubs and bank statements which I was able to pull within 3 hours of locking the rate over the phone.
I had vacation planned on the 22nd (today for a few weeks) so I had discussed the dates with the lender and the Title company upfront so as to not go into any last minute signing.
Shahhere
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!