About Jacqueline Kounkel Expertise I am able to lend in every State. I specialize in large money deals, jumbo and super jumbo home loans, construction, permanent financing, refinancing, purchases, lines of credit and cash out transactions for residential homes. I can answer questions for you regarding what to look for when choosing a lender or Mortgage Broker. I can assist with questions that you should always ask when shopping for a loan. I will help you to protect your credit score while shopping for a loan. I understand that shopping for the best mortgage is about more than just a rate and my clients needs are always kept in my best interest. Besides getting you the most competitive rate, I will also help you decide which program guidelines are most likely to accept your unique qualifications. Together we will determine which programs will ultimately save you the most money. I will make sure you avoid “bait-and-switch” offers, prepayment penalties and hidden fees. Sometimes a low rate on the wrong loan could COST you thousands of dollars! I can help you to understand your Closing documents, Your Good Faith Estimate, the dynamics of your loan and how it works. I work with my clients for the life long relationship, the lowest rates, and conservative closing costs.
Experience I can offer clients an unmatched variety of loan programs designed to suit the borrowing needs of every lifestyle. Whether you are looking for a conventional program or one especially suited to a unique circumstance, I have the necessary tools to serve the best interests of my clients and provide mortgage financing to all kinds of buyers. I have worked in the financial industry for 15 yrs and love what I do.
Organizations Chamber of Commerce, DRA, SMDRA, Colorado Business Group and SEC Kids Care Volunteer Publications
Education/Credentials ACC degree in Banking and Finance
Awards and Honors Top Producer, Circle of Excellence, Customer CARE, President's Club Member
..that they mentioned a 5-day interest credit window. I have a brand new loan and was given interest credit. My loan closed on Apr 20 and I was given interest credit for 20 days and so my first payment is due May 1st and was not informed that that is going to happen.
I originally signed documents and was suppose to close March 31st but my close date was extended since they were not done yet with the paperwork. I was asked to sign an addendum extending the close date to 20th. And instead of signing new set of documents, they just issued me interest credit without asking.
Is that ok to issue credit, 20 days after the end of a month? Now im fighting it with the bank/loan officer/title company. My loan is in CA, btw.
Thanks.
Answer Michelle,
I apologize for the delay in getting you a response to your question. I was away due to an unexpected medical condition, I hope that you can forgive me.
Yes, I have heard of interest credits. I am not at just to say what was done is wrong or write without seeing your entire loan packet and all of the loan documents and disclosures.
The best person to answer this question is a real estate attorney or your closing agent.
About Real Estate Home Mortgages
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here
