ST Alpha - "I have done several no cost to me refinancings and been called by my bank (Chase at the time) to do the same. It's often because they just don't want" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 157

In response to ""no cost to you" can mean many different things. make sure they're not just rolling the closing fees into the principal of the new loan." by znufrii

I have done several no cost to me refinancings and been called by my bank (Chase at the time) to do the same. It's often because they just don't want

Posted by pmb (aka pmb) Sep 23 '14, 08:25

you to refinance with someone else. Also, if they are a servicer they may get paid a placement fee by the lender for directing the new loan to the ultimate lender.

Responses:

Ah, this sounds like what's happening here. She did say Quicken would remain the servicer. - Covington Sep 23, 08:47

Post a message top

I have done several no cost to me refinancings and been called by my bank (Chase at the time) to do the same. It's often because they just don't want

Replies are disabled on threads older than 7 days.