Chicago, IL · Member since 2016 · 61 posts · 11 votes
Hi Everyone, i'm doing my first cash out Refi and was quoted at 4.75 initially but now lender claims because I asked for 80% ltv cash out that it may climb up to 5%. Is this common? I think i was asking for 60% initially then 75% and now i'm just going to go for the full 80%.
okay, he shot me up at 4.875% and will charge me $4017 and this is to go up to 80% LTV from the 75% LTV at an APR of 4.75% for a cost of $1494. Doesn't sound too much of an increase in APR.