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Refinance - Web Closing?

 
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yeah_but_we_all_are



Joined: 22 Aug 2003
Posts: 4

PostPosted: Sat Jan 01, 2005 5:24 pm    Post subject: Refinance - Web Closing? Reply with quote

I am about to refinance my mortgage with one of the biggest banks in the country. Interest rate is great. Closing fee is very minimal. They told me, I can do web closing or go to any of the branches. For web closing, I will have to give the closing company (an affiliate of the bank), the Power of Attorney and some body from the closing company will sign on my behalf. I will have to login at a scheduled time and some one from the closing company will walk me thru each of the document. I have never heard about this. Has anyone heard anything like this?
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greyghost_84



Joined: 12 Jan 2007
Posts: 5

PostPosted: Fri Jan 07, 2005 9:57 am    Post subject: Refinance - Web Closing? Reply with quote

Go in person! Having done over 1000 closing, I know that there is usually at least one change, etc. Go in person!
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gspecial



Joined: 27 Dec 2005
Posts: 3

PostPosted: Thu Jan 13, 2005 2:31 am    Post subject: Refinance - Web Closing? Reply with quote

Nope. I personally would want to close in person and read and receive the hardcopy documents.
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linlyons



Joined: 04 Feb 2005
Posts: 8

PostPosted: Tue Jan 18, 2005 7:04 pm    Post subject: Refinance - Web Closing? Reply with quote

I have heard of this forthcoming...In fact, the bank I work for will be doing it in 2008. My biggest concerns would be:1) Internet security. make certain that your information is safe. Look for the lock symbol.2) Make certain that the Power of Attorney is a Specific POA, not a general. I would assume that the POA will be a Specific, just make certain. A general POA gives too much "Power"Take care and welcome to the next new technology. Pretty soon we will never even have to leave home. Except of course to move.
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newjerseyguy7576



Joined: 01 Feb 2006
Posts: 6

PostPosted: Mon Jan 24, 2005 11:38 am    Post subject: Refinance - Web Closing? Reply with quote

No, I don't know anything about that, but you can check www.PrimericaSecure.com or call 1(877)8558111 and Representative can you help with that. Just give this information for a free consultation: Rep. Last name is VALENCIA, PIN# MAAR9. Good Look . God Bless YOU. AND HAPPY THANKS GIVEN DAY. P/DYou have to be carefully with that kind of transaction because you can lose your money and your time.
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SugarPlum



Joined: 20 Feb 2006
Posts: 4

PostPosted: Sun Jan 30, 2005 4:12 am    Post subject: Refinance - Web Closing? Reply with quote

I hope it not countrywide.....
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Legend5949



Joined: 30 Nov 2003
Posts: 4

PostPosted: Fri Feb 04, 2005 8:45 pm    Post subject: Refinance - Web Closing? Reply with quote

Always go in person, if they change something, how would you know? Next thing you know your in a 1 yr adjustable instead of a 30 yr fixed. just go.
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