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Updated about 4 years ago on . Most recent reply

User Stats

447
Posts
63
Votes
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Can I back off from refinance and continue with old lender?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello

I am going through my first refinance process ever

and my old lender already sent me a loan payoff letter.and they also stopped collecting auto payments.Should I decide to back off from my current refinance, can reinstate the relationship and still continue with the same lender with same terms?

Appreciate your inputs

Thanks

Most Popular Reply

User Stats

225
Posts
72
Votes
Frank Y.
  • Lender
  • Philadelphia, PA
72
Votes |
225
Posts
Frank Y.
  • Lender
  • Philadelphia, PA
Replied

@Peter Morgan Yes, you can. You can do it before you sign the refinance loan documents. Good luck.

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