Quote:
Originally Posted by MZ DAIZY
We put 40% down with mid 700 hundred FICA scores and still got put through the wringer...
We've built up some equity now and would like to refinance to do improvements. Was told not to bother!
|
Each loan application is unique. All requirements have to be met, otherwise, can be a bumpy road. Even if you have a sh!tload of money and good credit score, if you are financing and other elements of the requirements are missing, this can lead to other questions.
What was their reasoning on not to refinance?
And how many loan originators did you speak with?