GOLDSTAR MORTGAGE

Goldstar refinanced my primary residence, charging $400 for an independent appraisal, $1228 for title insurance, $117 government recording charges and $365 closing costs to lower my terms to borrow $280,000 (80% of the appraised home value) to 2.875% fixed for 15 years. Funding of escrow accounts for property taxes and home insurance were also required but did not change the amount that would have been paid anyway. As normal for a mortgage/refinancing, a significant amount of documentation with copies of dozens of records were required, but only slightly more than i expected although they asked for 'just 1 more' document 3 times. Since closing costs were about $750 less and interest rate 1/2% lower than the 5 other banks i investigated, i would recommend others get quotes from Goldstar for home mortgages. Recently, (9 months after closing) they sold my note to another bank, but the transition has been seamless (so far).