All of the paperwork has been received and processed for my mortgage refinance. I will close tomorrow! It's called an FHA Streamline Refinance. The entire process has been extremely smooth and has only taken about 2 1/2 weeks from the date of my application (which was taken over the phone) until closing. My interest rate will drop from 6.875% to 5%. In addition to that, I only pay the interest for this month's payment and my next payment will not be due until January. I will also be receiving a refund from my escrow account, which I was told to expect the early part of December. Time to due a little remodeling. God is soooooo good!
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