We received a Meridian offer in the mail that seem...

We received a Meridian offer in the mail that seemed interesting. It said that we could refinance our house, get rid of our (sad to say) large credit card debt, pay no closing costs, and receive a payment of $10k at closing based on our current equity. It seemed too good to be true. As it turned out, it almost was!

The reason this isn't a 5 star rating, is because the net result wasn't as great as we had hoped, but it still was a huge positive for us. Based on the current assessed value of our home, FHA rules limited the overall amount we could borrow. Still, we were able to knock half a point off our current mortgage rate, get the largest of our credit cards paid off, and still walked away with about $3,400 at closing.

Before we started the process, we consulted a few online firms that said they didn't have a product anything like Meridian. The process itself pretty much went without a hitch. We even got an apology from the last person responsible for handling things, because the process was taking longer than usual due to the pandemic. I praised him stating that the whole thing went very smoothly, from uploading documentation through their portal, to the appraisal, and the closing. Our neighbor started a refi months before we did and she's still waiting to close!

I highly recommend Meridian Home Mortgage for a painless refinancing!