Refinancing Mortgage

Refinancing Mortgage
Vanity | May 27, 2012 | Vanity

Posted on 05/27/2012 6:11:39 AM PDT by w4women

Happy Memorial Day! Need advice from FRiends as we are looking to refinance our 2nd home mortgage. Our mortgage already was purchased by Fannie Mae (we found this out by accident). Quicken Loans, which is HARP approved (Home Affordable Refinance Program), offers 4.375% 30-year fixed, (we're paying 5.625% currently), total fees $1900. Loan amount $300k.

TOPICS: Business/Economy
KEYWORDS: mortgage; refinance

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To: w4women

I checked “quicken loans ripoff”. The Ripoff Report has quite a file on them, 288 complaints, some as recent as 5/8/2012. It seems Bait and switch is a big complaint.
http://www.ripoffreport.com/directory/quicken-loans.aspx

21 posted on 05/27/2012 12:39:53 PM PDT by Polynikes (Hakkaa Palle)

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To: Innovative

It is a vacation home. Thanks!

22 posted on 05/27/2012 2:39:29 PM PDT by w4women (A claim for equality of material position can be met only by a government with totalitarian powers.)

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