Looking to refi our mortgage. First GFE was $3000 above initial loan amount, now it’s $5000. Normal?
We are looking to refinance our $ 221K mortgage loan. First Good Faith Estimate from our bank was a loan amount of $ 224, but now they sent us a new GFE which is $ 226K. Would you do it? Is $ 5000 normal? We are going from 5.6 to 4.7 %, have excellent credit and substantial equity in our home.