There is a little 猫腻 there.

来源: 于 2009-11-05 15:17:03 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

1. Most lenders fund the loan per $1000. That's why it becomes $223,000 now;

2. Loan agent prefer loan amount up to get a little more commssion;

3. Actually lender loan you $820 more. This amount will be used for closing cost. Since it is less than $2,000, it won't treat it as cash out re-fi.

Yes, please read GFE carefully.

CaLoanAgent, where are you? Please add on.