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Old 10-20-2012, 04:14 PM
 
Location: mckinney
108 posts, read 256,184 times
Reputation: 74

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We just locked in our rate for a FHA Streamline Refi.
My current loan payoff is $100K for example only. The new loan after refi will also have a current pay off of $100K. This is good.

I was originally told that we would need to bring $3400 to closing to pay for taxes, and we will get the full refund of our escrow at the original mortgage company, which is about $3500.
Now, the following day after locking in the loan, they are saying that we will need to bring $4000 to closing. I called and asked what is up with that?? They then lowered money we need to bring to closing at $3800. I still asked ??? they said that what we need to bring to closing is going to fulcuate until closing. This does not sound normal to me, what does everyone else think?

I don't know if I can put who I am refinancing with, but it is a HUGE reputable nationwide company.

Sorry if I left anythint out of this message. Please ask whatever you want or need clarified.

TIA,
J
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