|
I talked to their loans guy at my home branch at B of the West and he claims they should keep everything the way it is. But then again, it isn't up to him. Normally, is this what Bof A would do in today's economy, leave the 2nd in place? Why would they not? That means more money in their pocket if they don't.
I have started the process and opened escrow only to realized after reading a page that would required Bof A to freeze my line with Bank of the West. I started to think about the outcome. What if I decided to bug out right now? I only loose the handeling or loan fee of a few hundred bucks. That's well worth the money if I could keep my line with B of the West unchanged. So I have been told from the agent at B of the West that they will keep everything exactely the same if I were to refi through them. Only thing is that they are about 1000 bucks more in closing with .3 point. Bof A had no point and no apprasial. I am thinking about going with Bank of West just to be safe. If I go through with Bof A, when the process gets to the end of escrow should they force me to close my line, can I pull the plug and not go throught with the refi? THis way nothing will change and everything is reversible, right? Can I go through the same process with Bank of the West and use the same escrow co. to avoid escrow and title fees. Thanks
Jeff
|