mortgages & motor scooters

[beeporama]

This probably is not very exciting, but after much effort, we signed the papers to refinance our mortgage today. I will miss by a couple of years, but Jen could co-own a paid-off house before she is fifty now, if all goes well. Silver lining to economic collapse, I guess. I want to enjoy what's left of my youth while I have it; but I also expect to

Comments

[bryguypgh]

Curious to hear what terms you got and which lender you used, we're in the process of doing the same thing.

Re:

[beeporama]

We went through a broker I can recommend with great pleasure. Maybe it's possible to do this yourself and do better, but I have great trust in her. She also got us a fantastic-for-the-time original mortgage back when we first bought. (Ultimately I got a 15-year fixed rate 3.75% 3.375% through Wells Fargo; obviously there are a ton of variables, though.)

Lynn Becki
1-412-390-3530 Ext. 110
Email: lbecki@fedmc.com
Federated Mortgage Corp.

[talldean]

If another data point helps, Jim Franco at Welcome Home Mortgage just redid our house (3.75%, 30-year fixed, no points) and the rental house (4.25%, 30-year fixed, no points). Both were sold to US Bank, which has been fine so far, and easier to deal with than Wells Fargo was. (Wells Fargo wasn't bad, either.)

Working with PNC on a mortgage was mindnumbingly ouch, and I worked there at the time. Awful. Ick. (Sour face.)

3.375% is crazy; nice one!

[ghost_girl]

Congrats! We settled last week. SUCH a relief.