Also, not that I’m planning to but the way provident is set up, they really discourage you to make irregular extra principal payments. I don’t think you can do it via automatic ACH… So you either pay the 7.50 or do the snail mail.
I guess I can’t complain, because my broker was just awesome and he got me a 2.5% no cost rate and rates did go up now to 2.625% i think.
jpinpb, I didn’t have problems with the appraisal as you did. My appraisal actually came in higher than I expected and much higher than the previous refi. Also, the paperwork for me wasn’t bad (it was bad from my old lender)….
Oh well, I guess for cutthroat rate, I gotta put up with the slight inconveniences now.
