is there a better way than calling up banks/lenders individually? when i try comparing rates online they want my ssn, vs when i call a bank they can give me a close estimate based on my approx credit score
Tip: try calling your existing lender and asking them to lower your rate. tell them you’re shopping around for refi options. I talked to a “retention specialist”, refinanced from 30 to 15 year and got a full point of interest knocked off, with no fees and very little paperwork. Way easier than doing a standard/full refi with a new lender. Ally is my lender FYI.
Just refi'd and got 3.125 with a low end excellent score
You mind sharing which bank you used? Thanks!
Chase, 15 year, less than 1.5pts For no points, I could have stayed around 3.5. Negative points if I went to at least 3.75
Or you can just check on CreditKarma
I checked credit karma and they recommended a bank I never heard of I am scared of scams / legitimacy :(
CK vets all of the banking partners. Your safe with all the banking partners on CreditKarma.
Use Zillow to check for rates and contact lenders from there. I have refinanced multiple times with unbeatable rates
What is the rates people are getting for 15 year fixed? Can someone please post their rates, if you refinanced recently.
My info below. I closed this month.
Watching this
Try out multi lender platforms like Guaranteed Rate. They pool, hedge, and do best efforts loans with dozens of big box banks. The big banks love us and pay a premium because they get a finished product no overhead, and if it goes sideways they can make us buy it back.
Thinking of refinancing too. Following this.