InvestorsHub Logo
Followers 7
Posts 1111
Boards Moderated 0
Alias Born 07/21/2002

Re: tantal post# 109538

Tuesday, 05/20/2003 8:20:35 PM

Tuesday, May 20, 2003 8:20:35 PM

Post# of 704019
I have been refinancing and making the loan companies pay ALL my costs. Whatever rate they are quoting, they should pay ALL your costs (including TITLE and DOC - make sure you are clear that they will pay these costs) for about 1/4 of a point higher than the NO POINTS rate. I would never pay 1.6 points today.

Doing it this way, every time you refinance you lower you monthly payments with NO MONEY out of your pocket. By the way, I used a company in New York to refinance my CA home.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.