Refinance
Most lenders take 38 to 42 days. Ours average 22.
ICE tracks closings nationwide. In their latest public numbers, the typical close is about 38 days for all loans and about 37 days for a purchase. Refinance files land in the high 30s to low 40s. Egan Financial Group LLC’s average is 22 days. We underwrite and fund the loan here, so you are not waiting in a national queue. A rate lock holds your interest rate for a set number of days. If rates drop after we lock, you get one float-down before closing so you can take the lower rate. Ask for details.
Refinance
Reduced refinance fees for all of our customers.
When you close a purchase loan with Egan Financial Group LLC and you come back to refinance later, you get a $2,000 lender credit to offset your closing costs.
Break-even
See how many months until the refinance pays for itself
Current loan
Original note
Payments made: 37 · Remaining: 26.9 years · Balance: $386,194
New loan