Lucy

Jul 24, 2021

The grass is not always greener

Applied June 22, 21 for a refi supplied Autopay with all kinds of documents and was pre approved signed docs in early July was told that everything looks good . . . then around July 15th or so told to get a copy of driver's license of my co signer did that was told by rep from Autopay my docs were being reviewed and my loan would be funded in 3 or 4 business days . . . was excited for a few days and then was told my loan was not approved by lender (Penn something?) wants more info on whether my insurance co knew i used the car for deliveries (I did inform my insurance of my current occupation) seems like deal was falling apart and finally was told the loan docs i signed had an error the lender wanted the loan to be for 72 months not 84 months (who ever prepared the docs made that tiny error or maybe it wasn't an error) told I would have to do the docs over so I still needed to make my current payment on time to my current lender (advised earlier by Autopay no need to make a July payment) decided Autopay deal not worth it as the tiny error would likely increase the monthly payment offered . . . just made my July payment to my current lender . . . got a class in auto refi with this experience . . . hope my story helps someone . . .