Good luck on your refi, let me know how it goes. The big banks can’t compete with Box due to their higher overhead and the fact that Box only works with 700+ FICO score borrowers. I shopped Box against Bank of America and Quicken Loans. Both BofA and Quicken wanted $3K more in closing costs and their rates were .25-.5% higher than Box. I even had one of those “guaranteed beat or match” refi offers from Quicken. Turns out Quicken advertising is a bunch of lies and would never recommend them to anyone.
I’m lobbying the Box Home Loans management to make an exception to the 6 month refi window so I can do a cash-out refi. My last appraisal came in much higher than anticipated and I’m looking to pull cash out while the money is practically free. 🙂
