If you are in the middle of doing a refinance right now... keep reading.
Answer these questions...
Are you getting a HIGHER interest rate than what you had?
Are you going from an Fixed to an ARM?
Are you paying over $3,000 in closing costs (not including your taxes, insurance, and pre-paid interest)?
Are you paying POINTS or ORIGINATION FEE?
Is your payment going significantly up?
Is your broker/lender trying to get a higher value than you think your home is worth?
IF YOU ANSWERED YES to any of the above questions... get a second opinion. You need to make sure you are getting the best mortgage deal available to you. Just because your loan officer told you so, does not mean you are getting a good deal!
I would be happy to look over your good faith from that lender as well as give you my good faith estimate.
Check me out at: www.michiganhomefinancing.netor email me at angiea@mortgagebyangie.com
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