Talk of The Villages Florida - View Single Post - 10% down right away, but $42k in discounts out the window if 30 day closing is late.
Thread: 10% down right away, but $42k in discounts out the window if 30 day closing is late.
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Old 11-01-2016, 02:42 PM
waterlily waterlily is offline
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I closed in Feb 2014. Citizens rate was equal to the best quote I could get elsewhere. They did charge 1/2 point as I financed 90%. Paid to 50% a month later when my northern property sold and they immediately dropped the PMI. McLin Burnsed did not require me to purchase title insurance. Between the bank and McLin, they were four days late closing. I was calling and pestering them as I was concerned about the "30 Day" rule. No one mentioned it. As long as they are getting all the business, they really were easy to deal with.