I don't feel safe in the relation for now. So when he brings me the application for a cash out refinance and asks me to sign right away, my answer is "I need to understand the application first. Otherwise, I won't sign anything. " I find the Purpose is "cash out limited", I questioned him the refinancing purpose and when he expects to pay out the mortgage after 7 years (he changes the Fixed rate to ARM). His answer is vague, so I doubt...
Mr.Laomo, and other expert, to who do you suggest me to discuss some details to protect myself about this Cash out refinance case?
Thanks so much