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re: UPDATE Contacted today about refinancing my home from my Mortgage Company

Posted on 4/3/15 at 8:19 am to
Posted by burgeman
Member since Jun 2008
10371 posts
Posted on 4/3/15 at 8:19 am to
Are they 3.25% on the FHA streamline? I am getting 3.625% from my mortgage company and 3.825% from GMFS to do streamline FHA 30 year. A standard FHA is lower but I keep my PMI the same. Both are refinancing me at $72k and my total payoff currently is around $69k with escrow stuff included. I would be dropping my PMI from $180 to $120 a month.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
75109 posts
Posted on 4/3/15 at 9:42 am to
3.25 was par and yes on FHA stream

Just take the 3.625 and tell them to cover all your costs


Dont wait to lock cause rates are goibg up next week
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