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Funding Refis with the same company

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oscar_actuary
Frequent Contributor

Funding Refis with the same company

I am refi'ing with the same lender.

 

It seems a bit unfair that they can collect interst on both loans over the 3 days they need for funding.

 

Is that just an unavoidable function of the banking system?

 

Guess its $50 cost to me, meh

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