| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 132.1 | | BINKLY::WINSTON | Jeff Winston (Hudson, MA) | Mon Oct 24 1988 12:24 | 14 |
| Don't know about the mortgage tax, we don't have one in MA.
Some banks will let you re-adjust if you show them a tax bill showing
a high enough valuation. But given you got it two months ago, and I
assume you took the max then, sounds like its tapped out.
Radical notion: why not
ask the lender?
8-}
/j
|
| 132.2 | | NANCY::BONOMO | ANDY | Mon Oct 24 1988 13:49 | 5 |
| RE: -.1
The lender is DCU and I figured this would be a good place to
ask being that this is the DCU conference.
Andy
|
| 132.3 | You do it all over again. | CECV01::GRANVILLE | Art Granville, DME Quality Ed. | Sun Oct 30 1988 11:03 | 5 |
| I posed this question last Friday to the person who's processing my
home equity credit line application. The answer is that you must go
through the entire application process again. This seems wasteful,
doesn't it? But I've gotten the same answer from several outside
lenders, so it seems to be standard practice.
|
| 132.4 | It is Wasteful | NANCY::BONOMO | ANDY | Mon Oct 31 1988 13:21 | 12 |
|
Thanks Art for the reply. It sure does seem wasteful. What you
will also find out is when you send in your payment for the
month, DCU will send you back a receipt with a one line blurb
that states they received your payment. I think it is pretty
ridiculous to have this unnecessary paperwork. It is suppose
to work like a credit card so why don't they just make a
note on the monthly statement that a credit was applied on
such and such a day. It sure would save on postage.
Andy
|
| 132.5 | re: .4 | CSCMA::KNORR | Carolina Blue | Mon Oct 31 1988 16:49 | 13 |
| > What you will also find out is when you send in your payment for
> the month, DCU will send you back a receipt with a one line blurb
> that states they received your payment. I think it is pretty
> ridiculous to have this unnecessary paperwork.
The CRT works the same way. If I mail in my monthly payment they
send me notification that it's been received. If I use EasyTouch
to just transfer the money from checking to the CRT loan account,
there's no notification sent. Seems like a waste of postage to
me, not to mention inconsistent.
- Chris
|