I feel sorry for all the persons who have so little faith in their own lenders. My lender (three mortgages, and about 6 years) is easy to call and ask questions. Washington Mutual has sent me amoritization schedules. They have given me real information about how long I would have to own my home to cover the fees incured with refinancing and start benefiting from a lower interest rate. They have told me in laymans terms how interest works and simple ways to avoid it. And they do it because I am a customer and they want to keep it that way. So....I have gotten three mortgages from them, and I send them my money. And I will lend from them again.
You pay your lender. So use them to answer some of these questions.
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