Posted on: 23rd Oct, 2009 07:46 am
we refinanced our va loan about 3 months ago at a 4.25% interest rate. the mortgage broker is unable to sell our loan, so they want us to refinance again and they say that they offer us 4%, no appraisal and that they pay all the refi costs.
it seems suspicious to me. the can't sell a 4.25% loan, but somehow they will sell a 4% one?
what's your opinion?
it seems suspicious to me. the can't sell a 4.25% loan, but somehow they will sell a 4% one?
what's your opinion?
I guess as I see it this is NOT your problem, but theirs. Your conclusion that it sounds suspicious is correct. Make sure your mortgage has been recorded and move on.