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Company Loan Type APR Est. Pmt.

nationwide mortgage com refinance

Posted on: 07th May, 2010 03:24 pm
i got this letter in the mail from nationwide mortgage compay. promise me to refinance at 3.75%, no closing costs, no appraisal required, no equity required and no income documentation. i really need to refinance, but is skeptical about this company. you can't trust any mail that comes to you these days with an offer like this. should i refinance with the guys?
Hi ahaskell,

I would suggest you to contact Nationwide directly and check out whether or not they are offering such a plan to the borrowers. This will help you in knowing whether or not they really offer such a plan. After knowing the terms and conditions of the program, you can decide about refinancing the loan.

Thanks
Posted on: 07th May, 2010 09:24 pm
sounds a bit too good to be true to me - how exactly are they making their money?

I can't see any lender offering refinance without needing evidence of income or equity.
Posted on: 11th May, 2010 03:31 pm
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