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Real Estate
Reply to "Know of any lenders offering a no cost refi?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are doing a refi with penfed with closing costs paid for.... We locked in at 3 percent for 5 years after which the rate goes up to 5 percent for 5 years... God willing we hope to be out of our townhome within the next year or two[/quote] it's paid for by you the borrower. check your HUD-1. i know coz i just closed the exact same product.[/quote] I checked the HUD....all closing costs are paid for except for the real estate taxes, escrow account, a bit of interest to cover the gap between when pen fed takes over the new loan fr our other mortgage company and home insurance. What did you pay for?[/quote] compare Amount Financed in Truth In Lending to loan amount in HUD-1[/quote]
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