I had a 2 yr arm with Credit Union. Came up for renewal and it went to 4.75% with no option to buy down the rate. I contacted BB&T and refinanced in less than 2 weeks at 2.99% with a cost of $208 fees. Their mortgage representative Lizzie Clapsadl, could not have been any more professional and expedited the entire transaction with extreme ease.
I was so pleased with this transaction, I have told my family members and they are also considering changing their mortgages from the Credit Union.
Long story short- DON'T EVEN WASTE YOUR TIME if you are trying to do this. If you do, the process will be long with lost paperwork and slow process of approval. After 6-7 weeks in the process with BB&T I decided to change banks. The new bank gave me a list of what they needed. I worked to get as much as possible to them that night. BEFORE NOON THE NEXT DAY I HAD APPROVAL FOR US AND THE BUILDER!!! We are now only 2 days in and I already have an appointment for the appraiser to see the lot tomorrow. This is further than BB&T was able to get in a 6-7 week period. I wish someone had warned me.
Border line ignorant! If you are having a bad day ask to leave you should never treat your customer like $#!T. After waiting 30 minutes to connect with customer service this idiot N.B. hung up the phone while I was talking. This is only 1 account of 5 that I have with the bank but I can say for sure by noon Monday all of my accounts will be closed!