Refinancing investment property. Getting $2200 in lender credit from loandepot, is it legitimate? Also, getting home appraisal waived. Any red flags to watch out? I heard some lenders waive them and at loan closing process they say sorry can't be done. Has anyone experience this? Any experience with Loandepot process? Thanks!
It’s not easy to lie on the mortgage process even by the lenders as it goes through multiple levels of verification. Loandepot is legit and they honor what they promise. In my case, they even sent back an extra 2500$ after 8 months of closing that I paid as I over calculated the costs and what not.
Thanks!
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I did refi primary home. Process was quite smooth. What rates did you get for investment property ?
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