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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!!
expired Posted by Greenworld123 • Dec 8, 2019
Dec 8, 2019 2:27 PM
Item 1 of 1
expired Posted by Greenworld123 • Dec 8, 2019
Dec 8, 2019 2:27 PM
Amex offer: $2,500 statement credit for home refinance Better.com
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2.625 RATE
A: $3,229 (points 2.487 of loan amount)
B: $614
C:$910
J. TOTAL CLOSING COSTS $8,252 (D + I)
$130000 loan,home value 500K
good credit 712
15 year refi.
A: $3,229 (points 2.487 of loan amount)
B: $614
C:$910
J. TOTAL CLOSING COSTS $8,252 (D + I)
$130000 loan,home value 500K
good credit 712
15 year refi.
trying with loancabin , watermark and interactive right now. see what they come up with.
Better's first offer for me wasn't good on my previous refi and now, but they did come through to match the rate and beat the A+B+C on both times.
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Better's first offer for me wasn't good on my previous refi and now, but they did come through to match the rate and beat the A+B+C on both times.
Amex deal sounds sweet. Don't have it so cant take advantage.
Sent it over to better and they matched it.
This is for 2.625% 30 year fixed.
I'm eligible for the $2500 amex credit. After title fees, i'd be getting about $3k in pocket.
Is this a decent deal? I've seen others here with more lender credit, not sure if i should try to get loan cabin to beat better and then go for another round.
Got crap at first from better.com, ~$5k for A+B+C with 0 credits. Locked and proceeded anyway knowing I would get something more enticing eventually from someone to try to match at better.com for similar terms plus the Amex credit. There was a MI company that had me at 2.5% with ABC and lender credits being ~$1,000 OOP - not ideal, but I would consider if better.com wouldn't budge. I am shooting for:
2.5% (have been at 3.375% since last fall)
15 year fixed (did a 20 year last fall)
$187,000 refi (no cash out)
LTV 46%, credit score ~775
---------
Today better.com came back with:
2.5%; $187,000; 15 year fixed
A=0
B=$614 but that is including $550 appraisal which is being waived (or will be refunded) so really only $64
C=$1115
I=$4,006 (but I don't really factor this in for shopping because I would have to pay up front anyway and will get back about that much from my current company a few weeks after closing?)
Lender credit = $1256
Amex statement credit = $2500
So if my 'real math' calculation correct that this would be 64+1115=$1179 ('true costs')
-->$1179 OOP - $1256 LC - $2500 Amex credit = $2577 net eventually in my pocket?!?!?
Am I figuring this correctly??
Sent it over to better and they matched it.
This is for 2.625% 30 year fixed.
I'm eligible for the $2500 amex credit. After title fees, i'd be getting about $3k in pocket.
Is this a decent deal? I've seen others here with more lender credit, not sure if i should try to get loan cabin to beat better and then go for another round.
Got crap at first from better.com, ~$5k for A+B+C with 0 credits. Locked and proceeded anyway knowing I would get something more enticing eventually from someone to try to match at better.com for similar terms plus the Amex credit. There was a MI company that had me at 2.5% with ABC and lender credits being ~$1,000 OOP - not ideal, but I would consider if better.com wouldn't budge. I am shooting for:
2.5% (have been at 3.375% since last fall)
15 year fixed (did a 20 year last fall)
$187,000 refi (no cash out)
LTV 46%, credit score ~775
---------
Today better.com came back with:
2.5%; $187,000; 15 year fixed
A=0
B=$614 but that is including $550 appraisal which is being waived (or will be refunded) so really only $64
C=$1115
I=$4,006 (but I don't really factor this in for shopping because I would have to pay up front anyway and will get back about that much from my current company a few weeks after closing?)
Lender credit = $1256
Amex statement credit = $2500
So if my 'real math' calculation correct that this would be 64+1115=$1179 ('true costs')
-->$1179 OOP - $1256 LC - $2500 Amex credit = $2577 net eventually in my pocket?!?!?
Am I figuring this correctly??
Thats what they responded. I applied today. Yet to get hold of anyone. Looks like they are taking few days to respond so not sure what rate they will come back with
06/15 - 06/19: Rate shopping with Better, LoanDepot, and LenderFi.
06/19: Better's concierge matched and I authorized a hard credit pull to continue.
06/25: Appraiser came and took measurements and pictures.
07/08: Appraisal report finished.
07/15: Title work finished.
07/20: Initial closing disclosure received, along with request to input Amex credit card number.
07/23: Final closing disclosure received.
07/24: Closing.
07/28: Disbursement.
Final Costs for a 2.75% 30yr mortgage:
A: $0, B: $61, C: $3,150; Lender Credit: $4,650
With the $2,500 credit, this will be a net ~$4,000. Fantastic deal.
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I called hightech.... and they dont serve south carolina.
Loan depot, on a 280K value, 204K loan amount, he is saying 2.75% is with closing costs of $3200 AND a 1080 in buying pts (around .48 pts)
Seems way out in left field from here, but I know this is not a crazy high loan amount I have either.
With the same guy, I can do a 3% and Ihave the $3200 in closing fees (he's sending me the LE to review) and I get 1100 in credits. SO the 3200 becomes about 2100 in COSTs.
Im looking forward to hearing from watermark who I inquired but havn't heard back, and from loancabin whom I applied with and got an email saying they will contact me in a few days.
I'm currently at 3.25% from a May closing with better.com at 204K 30yr fixed.
My goal here is to come out around $1500 to the + AFTER the amex credit, so if it costs me around 1000 before amex, I'd be good with that while hopefully getting my rate down into the 2.75 +/- range if possible.
Suggestions on who else I should apply with? I applied with Sebonic when I did the april/may refi, so they might have me on file as applying and NOT going with them. Should I avoid them or apply there anyway?
Thanks
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