Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

50
Posts
4
Votes
Imran Raz
  • Miami, FL
4
Votes |
50
Posts

Re-Finance quote from Lender

Imran Raz
  • Miami, FL
Posted

Hello Guys,

I am in process of Refinance to lower my payment by getting rid of PMI, the process has not been great with this specific lender I am working with. This is also my first time doing this so I am bit unsure about all the extra costs. Can you guys please review this loan estimates and let me know if these fees are Normal. I currently Owe $331,894.73 on my existing mortgage but looking at the loan estimate, this number is raised to $348,793 which is over 16k. I understand that refinance topically add more balance to the loan but 16k? 

Thanks in advance

Loading replies...