If you’d like an explanation and quote for a no cost loan (or with cost)
I’ll be happy to provide you with this.
EJ’s loan (above) funded in 2 weeks. I’ve helped many dozens of Pigg’s get into a better mortgage situation over the years.
Unfortunately you have already wasted a whole bunch of money holding on to a 5%+ rate.
There is absolutely no reason to not refi to a lower rate, esp at zero cost. (Nothing gets added to your loan amount)
You will get an even lower rate with a cost.
You will understand your options after a conversation.
There are some strange movements in the mortgage market recently.
There is not one rate that applies to everyone. Loan pricing is based on credit score, % of equity and several other factors.
Not everyone qualifies to refinance. Pricing changes daily and often intra-day, there no pressure or obligation,
Just send a private message with a number to reach you. Sheldon
Saving money is about the interest rate, not the payment amount. The OP is confusing the two.
