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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!!
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How much time did they take to close?
Please share your experience
And I'm all too familiar with lenders who have a separate disclosures team, like WM does. Such lenders rarely give you a LE right away. It is typically 48-72 business hours so that the loan officer doesn't "waste" their time on the "compliance" paperwork vs. working the deal. If you want the loan officer to send you one immediately, then you will have to make it worth it to them - which means a full app as you are likely more committed. If you don't want to do that, it is NOT that you won't get an LE, but it will be done by the disclosures team and thus, not the same day.
Please keep in mind that I am not complaining about the $1499 fee. It was there on both the versions. Their other fees which bamboozled me
Moved from 3.5 to 3%. Not earth shattering but got $2k in closing credit which was enough to cover closing costs such as title, recording, etc which came to about $2k so net $0 there.
I had to bring about 10K to closing because I don't currently escrow and the new refi would require an escrow but at the end of the day it's not a big deal considering I got to pay Uncle Sam some way at some point of the year in a lump sum when I didn't escrow.
The icing on the cake is the $2,500 I'll get from Amex and shaved off about $100 a month of my monthly payment (not including escrow)
Moved from 3.5 to 3%. Not earth shattering but got $2k in closing credit which was enough to cover closing costs such as title, recording, etc which came to about $2k so net $0 there.
I had to bring about 10K to closing because I don't currently escrow and the new refi would require an escrow but at the end of the day it's not a big deal considering I got to pay Uncle Sam some way at some point of the year in a lump sum when I didn't escrow.
The icing on the cake is the $2,500 I'll get from Amex and shaved off about $100 a month of my monthly payment (not including escrow)
every dollar saved is good in current economy
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every dollar saved is good in current economy
Regarding Tesla lets not derail the thread. I may not be the best one out there in investing, but I have done substantially well with my stock/mutual portfolio. And I would end my discussion now regarding stocks. Hats off to you for turning 10k into 100k with TSLA. Good Luck. Play safe.
30yr $510,000 loan at 2.625% in Illinois.
A+B+C = $1324
$4414 in lender credits
Has anyone been able to do better or should I just take it?
30yr $510,000 loan at 2.625% in Illinois.
A+B+C = $1324
$4414 in lender credits
Has anyone been able to do better or should I just take it?
30yr $510,000 loan at 2.625% in Illinois.
A+B+C = $1324
$4414 in lender credits
Has anyone been able to do better or should I just take it?
Asking because I got an offer of 3.375% with +16k in points for 30 years with Better
30yr $510,000 loan at 2.625% in Illinois.
A+B+C = $1324
$4414 in lender credits
Has anyone been able to do better or should I just take it?
Loan amount: $450K
LTV: 67%
Rate Term: 30 Year conventional
Rate: 2.75%
Lender Credit: $5000
I'm closing with Better.
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Asking because I got an offer of 3.375% with +16k in points for 30 years with Better
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!