Refinance Home Loan Mortgage – appraisals precautions

blog about refinancing home loans and mortgages

Can I stop the refinance process once I signed the applications?

VirtueOfIntolerance asked:


My mortgage broker talked me into refinancing from 6 to 5%. It’s not a bad deal, but I’m having second thoughts about it because I don’t like how they’re rolling the FHA fee into the loan. Anyway, I already signed the papers and the closing is supposed to happen at the end of the month, but if I decide to back out, what will happen?
Also I would appreciate more opinions on whether I should refinance or not. Here’s te link to that question.
I guess it won’t let me post a link to it.

CLAUDE
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Posted November 13th, 2009 in Renting & Real Estate 11 Comments »

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