Having just completed the paperwork necessary to refinance a home mortgage, it is appropriate to share a few thoughts.
First, there is a reason people hate lawyers, to wit, the preposterous number of signatures required. For a simple refinance, same residence no second mortgage, it required a total of 32 signatures and 14 initials to consummate all of the necessary documents.
Second, why is it essential to disclose one’s race and ethnicity to borrow money?
Third, it was in sum a positive move. The refinance resulted in a 5-1 ARM at %4.5.
P.S. Premier Lending Group, Brian Baker, was very helpful in making this loan happen.