"Christian I can not advise you as an attorney would do in this case. Your issue is not performing to your original contract. Ask your Realtor. It would have been nice if this was brought up initially, then you would not have this issue. I'm sure the dollars are small enough to warrant closing....refinancing would not benefit you in this case due to your low rate. That said, check with your lender and Realtor first to determine if it is wise to pursue this issue, without possibly endangering your..."    View Post

"They will want a paper trail of the funds. Your husband needs to address this immediately with his loan officer. Good Luck."    View Post

"Richard Here in CA, referral fees can only be paid to licensed Broker to Broker as licensed by the Department of Real Estate. Sorry"    View Post

"Nitin Some lenders allow a float down or reprice if the market improves enough;however it usually comes with a price since they already covered delivery of your loan on the secondary market. The lender stands to take a loss for non-delivery so they will conpensate for that if they agree to reprice.....usually not giving you full benefit of current market rate. That said, if the market turned the other way, how would you feel if they locked and later came back provided the rates went up and told you..."    View Post

"John Thanks for your response to us. I can't tell from your Bio what state that you are living in with this property. Just keep a sharp eye out........unfortunately in this volatile market we are experiencing.....the market could turn the opposite direction at any moment or market whim. That said, I am seeing in CA lender rates in the high 3's as I write,depending on client FICO and LTV. Good luck, and if you know of anyone in CA, please don't hesitate to refer them along."    View Post