Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
Back in May I initiated refinancing with existing MegaBank (out of laziness) to lower rate from 5% to under 4%. All paperwork and appraisals were completed in early June. I was told it would close end of June. Well here we are in late September and they are still dragging their feet. Loan expiration was back in early August but "as a service to me since it isn't my fault" they are extending rate and terms indefinitely until close. Last month, I pitched a fit, and they said they moved mine into the "top priority". Some top priority as I still haven't heard anything back. At what point would you say screw you, I'm going somewhere else? It has been shear laziness up to now that I haven't shopped around, as loan amount is under 70% , my credit score is around 820, and income is no problem.
Partly I'm ticked because I know the only reason they are dragging feet as it is an in house refi, with no incentive to do it. Anyone have any thoughts on how to speed this up, or just tell them to bend over and kiss themselves and go somewhere else? I mean surely it doesn't take over 4 months for a refi in house does it?
Partly I'm ticked because I know the only reason they are dragging feet as it is an in house refi, with no incentive to do it. Anyone have any thoughts on how to speed this up, or just tell them to bend over and kiss themselves and go somewhere else? I mean surely it doesn't take over 4 months for a refi in house does it?