Refinance Mortgages
Can anyone answer a question to refinance?
When you refinance your home mortgage then another company that has knowledge that lets them know you've gone with another mortgage company? Is there penelties? We are at a sliding rate and are trying to enter into an interest rate fixed. thanks!
mortgage company new order the reward …. usually done by the processor (the title company does not carry out the closure loan service) when they ask for payment to the old mortgage company will allow the new lender to know if there is a prepayment penalty. Normally, you you may find yourself if you call them, or see previous loan documents. I'm sure your old lender will know you are refinancing when they see you has applied for a mortgage. You should be expecting calls from other lenders such as credit bureaus sell your information when applying for a mortgage (So-called "trigger leads"). Make sure to get in your old lender about the reward. usually take time, as we are hoping "maintaining" their mortgage with them instead of you going to a new company.
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