The Refinance Process

6 - Closing the Loan -

The signed docs are then sent back to the lender and they are examined to see that they were signed correctly. Then the lender puts together the package and sees what documentation that they are missing. These are the items that they need to fund your loan so they must be in as soon as possible. With any refinance it is necessary that you wait three days after you sign in order to fund the loan. This is your three day right of recession, once this is up you are able to fund this loan. When the lender is ready to fund they cooperate with escrow, and the next day your loan will record. If your loan is a cashout refinance you will be contacted in the next couple days to come and pick up your check.

7 - After the Fact -

Once your mortgage refinance is complete do not hesitate to call and ask us any questions that may arise. In the next month you will be seeing a new mortgage statement. If you so not receive this statement or there is something wrong with your statement please notify TMG Finance as soon as possible. This can be a problem if you do not take care of it right away. But in most cases this is not a factor and you can simply sit back and enjoy your lower payment when your next statement comes.

Start your loan request now to get your finances on track. Apply Online for Home Loan Refinance with TMG Finance today.

More Mortgage Refinance Info

Mortgage Refinance

• Why Should I Refinance My Mortgage?

• The Steps of the Refinance Process
  • Steps 1 and 2
  • Steps 3,4 and 5
  • Steps 6 and 7

Refinancing your mortgage? Apply for FREE today by:


- calling TMG Finance at

800-5000-TMG
(800-500-0864)



- filling out our quick, no obligation form

Mortgage Refinance Online Application



- emailing us at

info@tmgfinance.net