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Old 03-16-2009, 09:39 PM
 
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Around $200k
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Old 03-16-2009, 10:07 PM
 
Location: Knoxville
1,155 posts, read 3,389,314 times
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Not sure of your question, but if you think lenders, will loan just because of credit, then not so. Most all lenders, are possibly willing to get you a loan, but will have some fees built in. PLease explain further, and sure you will get many answers.
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Old 03-16-2009, 10:37 PM
 
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Originally Posted by oldmanbob View Post
Not sure of your question, but if you think lenders, will loan just because of credit, then not so. Most all lenders, are possibly willing to get you a loan, but will have some fees built in. PLease explain further, and sure you will get many answers.
I only do no-cost refis. They add a bit to the rate to cover the closing costs.
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Old 03-16-2009, 10:45 PM
 
Location: Knoxville
1,155 posts, read 3,389,314 times
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Again, please explain, as if you have to add to the rate, how is that a no-cost refis? It sounds like, you either pay now, or build it into the loan. Or is this just a way, to avoid out of pocket expenses?
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Old 03-16-2009, 10:56 PM
 
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Originally Posted by oldmanbob View Post
Again, please explain, as if you have to add to the rate, how is that a no-cost refis? It sounds like, you either pay now, or build it into the loan. Or is this just a way, to avoid out of pocket expenses?
That's what I was thinking. Is there really such a thing as a no-cost refi?

Maybe a "don't have to come out of your pockets" re-fi"

well not for fees, but there are still taxes.
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Old 03-17-2009, 09:30 PM
 
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Originally Posted by DonnaReed View Post
That's what I was thinking. Is there really such a thing as a no-cost refi?

Maybe a "don't have to come out of your pockets" re-fi"

well not for fees, but there are still taxes.
The best I have been offered is 5.125 for 15 yr
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