Should I Refi Or Not?

We need to know the loan amount, your credit score, the property value, the property type how long ago you purchased or refinanced and your current rate. From the GFE what is on page 2, line #1. What is checked on line 2 and what is in Box A. If you tell us this, we can advise you on if you are getting the best deal. It also would not hurt to search Florida rates here on lender 411 to see what others are offering.

All I would need to do is know your credit score, the proposed loan amount and their APR and I will most likely give you better options. The quote is FREE. We are direct lenders in all 50 states and can close very quickly. www.Mortgage-FHA-Rates.com

GFE's can be confusing for consumers to read and can still be a little misleading. The bottom line with any refinance is does this make sense? Am I getthing a lower payment? Am I reducing my term? What am I really getting and how long to recover my costs associated with the refinance? Refinancing just to get a lower rate is not always the best thing to do. You have to look at the entire picture including what your long term goal is staying in the property.

I have a multipart question: 1. How long do you plan to live in your house? 2. What is your current interest rate? 3. What is the new rate you have been quoted? Last but not least please post your GFI. Thanks,Steve

Posting your info here is still a pig in a poke. .... Talk to a few mortgage professionals that are competent to explain and interact with you to provide a total understanding of your situation and your choices. .... Happy funding, Rudi.

@ GVD. .... This is the 2nd post I've seen were you mentioned the OP's state.I don't see that. Will you be so kind to tell me how you found this information? .... Happy funding, Rudi