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re: Refinance rates #2

Posted on 3/18/20 at 11:26 am to
Posted by finfeathersport
Member since Jan 2013
236 posts
Posted on 3/18/20 at 11:26 am to
Dumb question... The guy that has done all of my mortgage loans is near MIA the last couple weeks and cant get feedback on rates timely. I would like to get a 15 year refi somewhere in the 2.75 range if or when its available.

Dumb question, can I have applications open with multiple people to lock the first one that can get me where I want to be?

I owe about 50 % of house value and credit score is right around 800
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6125 posts
Posted on 3/18/20 at 11:44 am to
quote:


Dumb question, can I have applications open with multiple people to lock the first one that can get me where I want to be?


Yup. You'll have credit pulls for each one.
Posted by 632627
LA
Member since Dec 2011
12873 posts
Posted on 3/18/20 at 11:49 am to
I had 2.625 on a 15 year no points last week- I applied but didn’t lock, thinking rates would drop.

I’ve now been approved and can lock at 2.75.

What say the MTB ?

I’m tempted to just do it.
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