Quote:
Originally Posted by buzzy
In 2018 I was planning to refinance to lock in a fixed rate. The on-line lenders are predatory. As soon as you click "OK" you are deluged by lenders who assume you are stupid or desperate or have poor credit. The rates and closing costs were horrible. Much worse than the local name-brand banks. I eventually got a good deal at my old employer credit union.
I am using them now for a home equity line of credit. Could have locked in a 3.99% but needed larger loan-to-value, so I took 5.25%. A little less than Wells Fargo.
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I disagree with Buzzy. We refinanced on a previous home before moving to TV. Used Quicken Loans- excellent rate, no closing costs and good service for the 6 years we had that mortgage before selling house to move here.