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Company Loan Type APR Est. Pmt.

Citimortgage

Posted on: 29th Oct, 2010 08:53 pm
has anyone done a release of reliability (novation) with citimortgage? their rates seem a little on the high side, but if anyone has any information on the outcome of their dealings with citimortgage in this type of situation, it would be greatly appreciated. just fyi, citimortgage wants to charge $900 for the novation, and, as i understand it, it's not guaranteed. so please help, by giving me some feedback.
welcome cstchick,

most lenders prefer refinance over novation as they can earn money through the closing costs that you pay. there are very few instances when a lender will give you the option of novation.
Posted on: 31st Oct, 2010 10:48 pm
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