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re: No cost refi offer
Posted on 5/2/21 at 10:52 am to SDVTiger
Posted on 5/2/21 at 10:52 am to SDVTiger
quote:
What are you talking about
If his rate is a .5 higher then what he qualifies for then it costs an extra 7920 in payments over 30yrs
Opportunity cost?
Like selling at the peak and buying his next house at the bottom?
Picking the right lottery numbers?
The only guarantee he gets in this scenario is that he gets a better loan for no cost. If he has to relocate, it doesnt cost. If he has to refinance again for caah out, it doesnt cost.
It is the freedom of a mistake free scenario.
He gets a lower rate than he currently has with no upfront fees. Win/win/win
1
Posted on 5/2/21 at 10:54 am to meansonny
You literally make no sense and no one should listen to anything you say 
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