DBtoOC
Member
I recently closed my refi w/ Owning.com, but I have a question about getting reimbursed for cash for closing. (FYI - the crappy escrow company has been non-responsive thus far).
My loan closed on 6/18. I prepaid the interest on my new loan from 6/18 to 7/1, BUT I also had to pay the full month's interest to the old lender as part of the estimated payoff of that loan. Typically, who reimburses me for the double-interest from 6/18 to 7/1?
I called my old lender and they claim that the escrow company only paid off the loan for the applicable interest thru 6/18. Thus, according to this statement, shouldn't the escrow company reimburse me back the difference? Their reimbursement check was WELL short of that.
My loan closed on 6/18. I prepaid the interest on my new loan from 6/18 to 7/1, BUT I also had to pay the full month's interest to the old lender as part of the estimated payoff of that loan. Typically, who reimburses me for the double-interest from 6/18 to 7/1?
I called my old lender and they claim that the escrow company only paid off the loan for the applicable interest thru 6/18. Thus, according to this statement, shouldn't the escrow company reimburse me back the difference? Their reimbursement check was WELL short of that.