YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
I got a similar offer from my lender (credit union) 2.65% for 30 years. But we want to pay off sooner. So, considering a 15 year loan.
WhT you guys will do?
1) Have the 30 year loan with this...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
I contacted BOA for loan modification and they sent a package that requires completing Request for Mortgage Assistance (RMA) form and submit Income Documentations. It's not the single piece of paper...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Is this the term to ask for ''loan modification''?
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
youre welcome! glad it worked out for you.
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Want to thank the OP and chime in as i happened to come across the thread somehow and looked into my mortgage situation with bofa, not even knowing what to call my mortgage refi/adjustment request...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Yes, BoA offers this exact rate and rate modification on jumbo loans. It'll cost approximately $900. No credit pull, no changes to your existing loan terms and eliminates the need for any of the...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
This is a good thread to read up on.
https://slickdeals.net/f/14173061-07-26-2021-best-mortgage-rates-from-big-reputable-lenders-and-sd-reviews-30year-2-75-15year-2-25-etc?v=1
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Looking for some recommendations.
I am going with first home purchase and want to know how to proceed with mortgage (like which bank/institution), who has better offers and how to reduce closing...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Unheard of? last year VA refi rates (as one example) bottomed at 1.75 (no pts) on 30yr jumbo for well qualified. Low 2s for many months if not year. Unfortunately my note hadn't seasoned on that dip...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
2.875 is mediocre on jumbo in current environment but free money if no refi i guess.
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
who's your lender?..... that's unheard of
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Negatory on my end. I also got a refi deal (Currently at 4.75% with the deal offering 3.275%) in the mail and just got a call from Chase asking if I had received it. I told them I'm not interested in...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Has anyone other than OP gotten this deal?
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Sounds like a plan!
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
I got 30 year fixed jumbo 2.375 no points. California, appraisal waiver. 50% LTV
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Your rate is good but not unheard of especially if you have that much in closing costs. I did a refi on mine and got 2.625 with lender credits paying all costs (No add to my balance, and no money...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
...except you can do the same thing after a refi.
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Why the hate for this? PenFed did this quite a bit in the aftermath of the housing crisis.
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
Such an unwarranted reply. Banks do this to keep the loan locked in so you don't refi elsewhere...
YMMV - Chase mortgage interest reduction without refi (Jumbo ~2.875% 30yr fixed) $995
Thread created 07-15-2021 by funkaboo
+20 Score
79 Replies
23,626 Views
It depends on your lender in terms of what they’ll require, IF they even do it.
But yes, if they do, generally all that changes is the rate…the other general terms of the loan don’t adjust most of...
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