Search found 8 matches

by SirBotsALots
Fri Jul 17, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10235
Views: 736284

Re: Refinance Mega Thread

Adding another data point. Super-conforming loan in DC, LTV 70+%. Locked with Lenderfi last week at 2.75% for 30 year no cost. Expect to close by the end of the month. The 3-4 other lenders I reached out to were all 3.00% or higher with some closing costs. Thanks to the people in this thread for poi...
by SirBotsALots
Tue Jul 07, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10235
Views: 736284

Re: Refinance Mega Thread

frugalNY - in addition to the out of pocket closing costs, looks like your loan amount is increasing by $4K which has to be considered. I'd keep looking, if nothing better is available LoanDepot will still be there even if their offer changes a bit with rates.
by SirBotsALots
Fri Mar 20, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Refi terms - closing costs seem high to me
Replies: 9
Views: 733

Re: Refi terms - closing costs seem high to me

Agreed. You're likely paying points in the origination cost to get the rate down to 3.125. Might be worth it if you have long expected time horizon in your house.
by SirBotsALots
Mon Mar 16, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 517
Views: 70701

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

Is this fund too heavily correlated to equities to consider using it to replace a portion of bond allocation? Currently 90/10 with 30+ year time horizon, considering replacing a chunk of my bond allocation with this.
by SirBotsALots
Mon Mar 09, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10507

Re: Are any early accumulators thankful for the current correction?

Each of these 20% corrections during the bull run has confirmed that I'm comfortable at 90/10 AA. I've only been investing since 2013 so I'm curious to see how I feel after I deeper drop. So far so good though.
by SirBotsALots
Thu Mar 05, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10235
Views: 736284

Re: Refinance Mega Thread

For my refi the property value was initially from zillow and was updated once the appraisal came in. I asked to use a recently received tax assessment and was told that wasn't an option.
by SirBotsALots
Thu Mar 05, 2020 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Another Refi Question
Replies: 2
Views: 323

Re: Another Refi Question

Yes. The lender credit comes to about $2k larger than appraisal, title, recording, origination etc on current refi. That doesn't include prepaid escrow or the prepaid interest for the first partial month.
by SirBotsALots
Wed Mar 04, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Another Refi Question
Replies: 2
Views: 323

Another Refi Question

Hi bogleheads - I'm currently have a refi in progress with my current mortgage holder. 30 year fixed, 3.5%, with 1% of the loan as lender credit. The lender credit is large enough to cover the costs associated with refi, excluding the escrow prepay, and still reduce my outstanding loan balance by $2...