From: "Rui Teixeira" 
Newsgroups: misc.invest.real-estate realtynet.lending
Subject: Re: Refi Fees on Free and Clear House
Date: Mon, 05 Apr 2004 11:08:12 GMT

Find a mortgage broker recomendation from your friends or check
www.stocktonturner.com or www.namb.com

However, HELOC should cost no more than $500 if you handle that to your bank
(where you have your checking/saving accounts) with a FULL Documented
process and over 680 credit score. You can go to www.etrade.com as well and
check with them if you want to. Check the rates as well...

In Florida is too late 3 days AFTER you CLOSE the Refi. You you check on the
State where the property is what are the rules.

Feel free to email me or call me if you have any other question.

Regards,

Mr. Rui Teixeira, LMB
Florida


"RON KRUS"  wrote in message
news:tqwbc.31866$qe2.19794@newssvr29.news.prodigy.com...
> you can chack the broker i use for a possible better deal.
> http://jean.eloandealer.com/index.php
> "Nelson"  wrote in message
> news:mcw9c.3771$Dv2.884@newsread2.news.pas.earthlink.net...
> > What should a standard refi fee be for a loan on a free and clear house.
> > Say I just want to pull out $100,000 out on a $250,000 house under a
Home
> > Equity Line of Credit Loan.  I thought that a 1% loan origination fee
was
> > standard, why am I being charged 2%?  What are the standard
Underwriting,
> > Hazard Insurance, Processing, Settlement, and Document fees?  This is a
> > stated income loan with no income documentation.  Is $7000 in total up
> front
> > fees to much for everything?   Seems very high to me.  Where can I
verify
> > all of this, besides right here in this newsgroup?   I think that I am
> being
> > charged too many "garbage" fees.  This is a direct lender (banker) not a
> > broker.  I thought that should cut down on middleman fees.  When have I
> > committed myself to a certain lender, when is it too late to shop
around?
> > What are my options?  Thanks!!
> >
> >
> >
> >
>
>
>