home refiance | TigerDroppings.com

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lsuCJ5
LSU Fan
Geismar, LA
Member since Nov 2012
438 posts

home refiance


Anyone do it lately? What are the current 30 rates and who did you use?








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rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: home refiance


Nola, 3.15%, did this about a week and a half ago....





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lsuCJ5
LSU Fan
Geismar, LA
Member since Nov 2012
438 posts

re: home refiance


quote:

Nola, 3.15%, did this about a week and a half ago....


you have a contact?






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hawkeye007
LSU Fan
greenwell springs
Member since Feb 2010
1963 posts

re: home refiance


disclamier..depends on credit and program type..3.25%-3.5% whitney bank





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rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: home refiance


quote:

you have a contact?


Yup Tim Pillsbury. (985)788-3429

Oh and don't use miles appraisers out of Mandeville under any circumstances.






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LSU1018
LSU Fan
Baton Rouge
Member since Feb 2007
5162 posts

re: home refiance


I would suggest Iberia Bank, their fees are $399 flat which is tough to beat. A friend of mine refinanced last week in the 2s for a 15 yr loan. Not sure of the exact rate.





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tiger94gop
LSU Fan
GEISMAR
Member since Nov 2004
1707 posts

re: home refiance


Closing costs don't have a major effect when most banks are a 1/4 to a 1/2 higher, sometimes more. You always come out better in the long run with the lowest rate. If it is a short term loan, then no; anything beyong 5 years it doesn't matter. You will definitely make it up. Mortgages are considered long term debt.





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lsuCJ5
LSU Fan
Geismar, LA
Member since Nov 2012
438 posts

re: home refiance


i recieved quite a few quotes today. i even got one with no closing cost but a slightly higher percantage rate.

i can't wait to call well fargo and tell them to go frick them selves.






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hawkeye007
LSU Fan
greenwell springs
Member since Feb 2010
1963 posts

re: home refiance


do you mind sharing a couple of the rates you recived quotes on ?





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lsuCJ5
LSU Fan
Geismar, LA
Member since Nov 2012
438 posts

re: home refiance


quote:

do you mind sharing a couple of the rates you recived quotes on ?


Sure, based upon good credit, 30 year fixed loans.

USAA 3.25
Key Lending 3.5
Primary Residential 3.25
Standard Mortgage 3.375
Nola Lending 3.5
Iberia Bank 3.375

i have used primary mortgage several times and have been happy everytime.






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LSU1018
LSU Fan
Baton Rouge
Member since Feb 2007
5162 posts

re: home refiance


Make sure and quote their fees also. Some will charge you an origination fee that is larger than others. With the rates that close, fees are important.





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hawkeye007
LSU Fan
greenwell springs
Member since Feb 2010
1963 posts

re: home refiance


Standard mortgage is a great company and i know there closing cost will probally be the cheapest. i wanted to see how my rates stacked up. 3.5% with no points and no origination i am middle of the road.





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lsuCJ5
LSU Fan
Geismar, LA
Member since Nov 2012
438 posts

re: home refiance


so here is my senario. i currently have a 30 year fixed at 4.25% paying $1550 per month. i can refinance to 3.55% with negative points so i don't put any money back into my loan (and i am not putting any money down) and lower my note to roughly 1415.

I don't think it is a bad deal at all.






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