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re: Question about home refi

Posted on 5/18/20 at 1:04 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48799 posts
Posted on 5/18/20 at 1:04 pm to
It's my current mortgage company so its not like it's just some random solicitation. I just don't know how they are benefitting from this.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40885 posts
Posted on 5/18/20 at 1:06 pm to
quote:

It's my current mortgage company so its not like it's just some random solicitation. I just don't know how they are benefitting from this.


All the money they made from your first loan is already made. They already packaged your loan and gave it to someone else. Originating the loans is where the money is made
This post was edited on 5/18/20 at 1:07 pm
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