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tharbert tharbert is offline
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Join Date: Jun 2008
Location: So. Illinois
Posts: 1,748
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Happened to me one refinance ago... Within about 45 days, we received a new booklet of payment stubs from a second mortgage company.

We just refinanced in the fall with Old National, $200 closing costs and dropped out APR to 3.9. I asked them if they were going to sell it "like last time" and they said they wouldn't. The margin of profit is almost nonexistent at that APR.
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Old 06-12-2012, 09:38 AM
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