dullard
Elite Member
I unfortunately have to refinance (divorce). Banks have this wonderful scheme where a divorce means that I get to pay them thousands of dollars in closing costs and $100+ more a month in interest simply to remove the name of a person with $0 income and no assets (so there is nothing to sue for on that person).
I'm shopping around now and ING Direct seems to have the best deal for me at this point. Does anyone have experience with them? Any complaints?
I am a bit curious about wording on one thing though (maybe Vic can answer it). Does the term "Flat Closing Costs" hide many other fees? The ING website says "To celebrate 5 years in business, we're offering a great deal on an Orange Mortgage! Pay only $555 Flat Closing Costs plus taxes and odd days' interest when you get an Orange Mortgage for up to $500,000 and use our closing agent. You must apply and commit by October 31st, 2005 to get it." But then it also breaks down the closing costs and lists it at $1783 ($311 of it is Odd day's interest). So which is it? $555 + $311 or $1783?
I'm shopping around now and ING Direct seems to have the best deal for me at this point. Does anyone have experience with them? Any complaints?
I am a bit curious about wording on one thing though (maybe Vic can answer it). Does the term "Flat Closing Costs" hide many other fees? The ING website says "To celebrate 5 years in business, we're offering a great deal on an Orange Mortgage! Pay only $555 Flat Closing Costs plus taxes and odd days' interest when you get an Orange Mortgage for up to $500,000 and use our closing agent. You must apply and commit by October 31st, 2005 to get it." But then it also breaks down the closing costs and lists it at $1783 ($311 of it is Odd day's interest). So which is it? $555 + $311 or $1783?
