Does anyone know anything good or bad about Green Light FInancial? I am thinking of going with them for my refi.

If it sounds too good to be true it probably is. I see there ad there on the side of the page and at that interest rate it is doubtfull they are offering a ''true no cost refi''.In California your best bet would be to call or email Greg Denny, who is the top lender in the state, and request a quick quote. His email address is gvdenny@sbcglobal.net

I would be happy to show you that we can match and beat their offer to you. Please send me an email at adennie@fmbranch.com for a FREE quote. Freedom Mortgage is a Direct Lender and licensed to fund loans in all 50 states.

Anyone can give you an offer without you having to come to closing with any funds. No one can offer you a "No Cost" "No Fee" refinance. There are 3 ways to pay for a refinance; you can pay for it yourself at closing, you can increase your principal balance to absorb the costs, or you can pay a higher rate and have the lender / broker credit the costs. None of those are ""Free" since they still cost you whether it be in cash, in increased principal or increased rate. Find out which you have been offered and get a second quote on the same terms to compare. Call me if you need one. Greg Denny --WeFixRates.Com-- 800-335-6897

I don't know how "right" it is, but when I looked at their ad yesterday, I don't remember them disclosing things properly per our Truth in Lending guidelines about the APR (which would essentially be the same if it were "no cost"). Even if they are in compliance, I personally thought the ad was deceptive since I don't remember it disclosing the program, i.e. 30 year fixed, 15 year fixed, 5/1 ARM, etc. From what I'm remembering, I would guess a consumer would think it's a 30 Year fixed, but it's probably a 5/1 ARM or 15 year fixed. Of course, this was only my opinion from a vague memory. I agree with ColoradoLender that "if it sounds too good to be true, it probably is."

There is no such thing as a Free Lunch. Have you heard that before? In fact, it's against the Law to advertise that way.The legal way is to advertise No Out of Pocket Fees. Every loan officer in the nation can offer you that, if you want a higher rate or have the fees added into your loan balance. .... Happy funding, Rudi

Saeed,We are a Costa Mesa, CA based lender and our rates are as competitive as all the major retail banks. We offer No Closing Cost loans to consumers, there is no such thing as a No Cost No Fee loan since no one works for free in this county, however we have products that allows for your fees to be paid by the lender.Houtan HormozianHoutan.Hormozian@Crestico.com949 242 5214