Gotta love it when the bank's loan processor calls, say's something odd is happening with the loan for final approval, and has her supervisor online to explain it to me.
Oh shit.... here we go. Something got portered and I'm getting screwed like STS in a truck stop restroom.
Nope..... they over estimated my closing costs and seller gave too many credits. About $6K worth of credits. So, I am getting back about $2K cash for my earnest money and inspection fees. Most of the rest is going to pay down the point, so I went from 5.502% to 5.125%. About $385 has to be left on the table because legally it can only be applied to the point, closing costs, or any out of pocket expenses I had and there is no place to apply it.
Woo Hoo.... stuff is going DJ's way (in a good way) for once
