I've re-fi'd with them once before. No issues, and no surprises. Yes its probably the same company.

I noticed most of those complaints are from people with small loans... not mortgages.

Pay day loans are by nature high interest rate, high risk as well. People who take out the pay day loans usually don't have credit cards anymore. Cashcall closed my loan yesterday, and I only paid $36.63 total fees. They will sell the note to CITI within a week or so.

Just refinanced again:
200K
30 yr
0 points
3.25%

I gave a call to Cashcall yesterday. They quoted me 3.625% for a 30-year fixed jumbo with no points.

I'm in an FHA 30 yr. fixed in my current house. I so want to refi, but they've doubled the MIP since I closed on this loan and the new MIP rates apply to refi'ed FHA loans. So I could go down more than a rate point and still pay more because of the new MIP. Not worth it. If these rates last long enough for me to get into the equity position, we can refi to a 15 yr. loan, drop the MIP and our payments will be the same as we're paying now, because we pay extra every month.

Yeah, I've held out on refi-ing due to lack of favorable LTV ratio. We're only a couple years into our loan, and while we put down 20% at initial purchase, the market has fallen faster than that percentage. Only now is my home value coming back to around that 80% LTV ratio which would allow me to skip out on PMI, which is why I'm finally looking to refi.

We bought in '99, financed 80% of the price. Thankfully we just appraised at 35% over what we paid. We were able to refi at 3.5% last month, turning our 30-year into a 15-year, and are still paying less per month than what we were (the rate we got in '99 was 6.375%).

Now's a good time to refi if you can do it!

Take the difference of what you were paying and consider plowing it back into the loan. I had 7 years on my loan when I re-fi'd at 3.15% for a ten year. I'm taking the $500/month difference and plowing it back in to pay off in six years. You'd be surprised how much money you will save over the life of the loan, including the mortgage tax deduction.

We refi'd a few months ago. Rate went from 6.5% to 3.125%. Same payment (plus like $45 per month) and our loan went from 26 years to 15. I'm paying the extra priciple to drop it to 10 years.

I ran the calculations and found that if we refi right now, and continue to pay the same amount that we currently do (I throw in an extra 2 payments per year), we'd have the house paid off in about 15 or 16 years. Instead of the 27 we currently still have to go.

Where'd you get that from?

Northpointe Bank MI

Mortgage and Full Service Bank | Best Rates Trusted Service | Northpointe Bank

Anyone know how long fla PMI lasts ?

the house next door had a fire and was abandon
the bank BoA willnot even admit they own the house
as the PMI is paying them so no foreclosure until that runs out

I would like buy and bulldose the property
but can't get any data on when the PMI runs out
house is going on 5 years empty striped and burned
so rebuilding is not really going to happen

Interesting. You'd think the PMI insurer would wish to coordinate benefits with the property (P&L) insurer. It actually surprises me the PMI insurer is paying anything at all when the claim should have been with the P&L insurer.

Perhaps they were paying before the fire damage.

yes abandon first
then kids got in and set the fire
then scavengers hit got the a/c and copper pipes

really sucks that BoA will not admit anything
I have tryed but they just stonewall
yard guys say BoA is paying them
as do the few inspector /appraisers who have come by
but BoA says not their property !!!!! yet