Tuesday, April 12, 2011

ARGHH!!


Or perhaps it should be Hmmmmmmmmm.

It has been an interesting day, to say the least. I have been in the throws of re-financing the house. Yesterday, in the mail, comes a letter saying "your loan request has been canceled due to insufficient documentation." OK, the packet went in a few days ago, and it said I had until 5/2, so not sure what the heck was happening, but likely the letter passed the packet in transit, right? Wrong! I call this morning and it turns out that they won't re-fi as this is a manufactured home. OK...but why the heck did the guy pre-qualify and even bother to send me the packet? And what about the stupid fees? So I end up with the supervisor of the guy who sent the packet. Well, I end up with his direct phone number, which goes directly to voice mail, three times. Messages left that I expect a refund, pronto. Nothing.

Then the phone rings. A person that I know from long, long ago is furious with me. I mean, stinkin' mad. I have no clue what is going on and let her talk through it, rather than ending the call, which was my instant reaction. I still don't get it, but so it goes. No need for details, just a bizarre occurrence that was a piece of my day.

So I sit down at the computer to begin my search for someone to re-fi my house. (The first attempt was with the company who holds the mortgage now; it just seemed like it would be easiest. Yeah, wrong!!) I immediately let the people that I wrote to know it was a manufactured home so that there would be no time wasted. I made two inquiries and both responded that they could do it. So, the first responder is a dog person. I had wanted to give it to her earlier, but, as I said, I figured it would be easiest to just stay where I am funding wise. So she asks three quick questions: Amount owed, Amount it is worth, and Credit score. I easily find the first two (went with tax assessment for worth), and cannot find the numbers for the third. Let me say that I recently paid off lingering medical bills, so my credit score was not real good when I began the process a month or so ago. I suck it up and go on one of those free credit score places. (As long as I cancel within a week it is really free!) The results come back...742!!! Holy cow!

At this point all is coming together as it should. The last application occurred before my credit report showed clean; even though stuff was paid. As a result I was re-financing on very low-average credit. Now I will be applying with low excellent credit. My percentage rate will be better for the wait.

Now if I can get the money back for the application fee and appraisal I will be doing a happy dance around the house. Still getting voice mail...sigh

Sure is a pretty day out there; and not so bad in here either...now

1 comment:

Tylwyth Cardigans ~~ Alta said...

Well the day is ending better then is started. That is always a good thing! Best of luck with the re-fi process. It was a pain in the A** when we did it.