You would think that two people who have darn good credit, steady jobs that have lasted at least 6 years, have a house that is worth 2.5 times what one is trying to refinance, and (according to the bank) have a low debt to income ratio would be a shoe-in for the refinance loan of our choosing.
That would not be the case. Oh sure, we are getting a loan, but we had to fight tooth and nail not to have replace the roof and siding before getting the re-fi (which is to do the roof and siding).
We finally got them to agree to placing the extra into escrow, which will be accessible in portions, as work is completed on the house. At last communication, we will be closing next Friday.
I can't imagine what those with less than stellar credit, or less stable work histories have to go thru!
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