I applied for a refinance loan on a mortgage that I already had with Wells Fargo. I was never told about the appraisal fee but was told the refinance could be accomplished within 2 months.
It took 4 months of persistent phone calls to move the loan along. The representative I had didn't read the documentation I sent and had to resent it. 4 months later the refinance didn't go through because of some commercial nonsense. I lost the application fee and the appraisal fee!
How could this bank not refinance a loan that they financed initially. The entire process was disorganized and ridiculous.
It was a waste of time and money! When I read a similar occurrence on this website, it sounded exactly as the process I went through!
Product or Service Mentioned: Wells Fargo Mortgage.