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Updated over 6 years ago on . Most recent reply

Steve C.'s profile image
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Steve C.
  • from San Jose, California
  • Member since Jan 22, 2018
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Steve C.'s profile image
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Steve C.
  • from San Jose, California
  • Member since Jan 22, 2018
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Steve C.
  • San Jose, CA
13
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55
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Private Lending & Conventional Mortgage Advice

refinance penalty within 6 months

Steve C.
  • San Jose, CA
Posted

Will my lender with my current loan get penalty if I do refinance with another lender within 6 months?

Thank you.

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Russell Brazil
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Russell Brazil
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ModeratorReplied

Yes they will and the penalties can be severe.  Like possibly lose their job because of the penalty from Fannie

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