G*********Z
发帖数: 208 | 1 We have 30yr 4% now. The agent said today's no cost refinance rate is 30 Yr
fixed 3.625%, and 15 Yr fixed 3% from Provident Funding? Anyone used
Provident Funding before? | t*****e
发帖数: 15794 | 2 可以。
Yr
【在 G*********Z 的大作中提到】
: We have 30yr 4% now. The agent said today's no cost refinance rate is 30 Yr
: fixed 3.625%, and 15 Yr fixed 3% from Provident Funding? Anyone used
: Provident Funding before?
| b********2
发帖数: 5191 | 3 why not, PF要求比较严, 但如果条件满足, 做起来也很快
30年最好可以做到3.5% | u**i
发帖数: 142 | 4 求推荐一家 30年 no closing cost 可以做到3.5% 的。我原来的银行才只能做到3.75%
，还不算lock rate.
【在 b********2 的大作中提到】
: why not, PF要求比较严, 但如果条件满足, 做起来也很快
: 30年最好可以做到3.5%
| l*******n
发帖数: 206 | 5 It seems no one (included some of the agents on the board) mention the
negative side: You might not be able to refinance even if you wanted to
after spending time and money for the application. Here is why
1) your appraisal is significantly lower, therefore to refinance, you need
put more money (say e.g. 20k) into equity and borrow less. Note that
appraisal fee is >$400 upfront. So you might throw away $400 if you can't
refinance after all. Most agent won't tell the the risk of losing more than
$400, which is kind of curious.
2) your credit profile is not good enough for some broker (typcial example
is Provident, I would avoid them no matter how good a deal they are offering)
Hope that helps.
Yr
【在 G*********Z 的大作中提到】
: We have 30yr 4% now. The agent said today's no cost refinance rate is 30 Yr
: fixed 3.625%, and 15 Yr fixed 3% from Provident Funding? Anyone used
: Provident Funding before?
| b********2
发帖数: 5191 | 6 Yes, we do tell the downside of refinance, including but not limited what
you said.
I even refund half of the appraisal fee if the appraisal value comes too low
to minimize borrower's loss.
For PF, it has the best rate. it does require a lot of effort from both
client and agent, but you get what you paid for. And if I take a client case
and can't close it, I'll refund all the appraisal and credit report fee.
But so far, I'm lucky all the cases closed. | p******y
发帖数: 3523 | 7 很多人用PF，虽然从broker到客人都对他们有怨言，但是他们rate好呀。
不过，PF也挺挑的，H1B不收，condo不收，今天对PUD又加了一些要求。。。 | G*********Z
发帖数: 208 | | b********2
发帖数: 5191 | 9 planned unit development, 也就是townhouse
【在 G*********Z 的大作中提到】
: what is PUD ?
| b********2
发帖数: 5191 | 10 今天close一个PF case,递上去三个星期不到. 快得让我不适应. 所以如果自身条件简
单,PF还是首选. |
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