refinance?

Bkapt: I just refied in NYC, I only had to tip the closer. You don't need to pay mtge recording tax in a co-op. If condo, you can get the new lender to do a "subordination" of your original mtge, so you don't pay mtge recording tax. As for appraisal and other incidentals, get the bank to pick up the fees.

Nyc10023. What bank did you use? I've never seen a bank paying all the closing costs. Or did you roll them into the mortgage?

Chase - same lender. Did not roll into mtge. You have to negotiate. I had 3 banks who wanted my biz.

call BS on 10023....some costs were either rolled into your balance or your rate.

anyone know coop lines of credit rates are now ? does 1m L + 400 or 5% (whichever is greater) sound about right ? Im talking about the building, not shareholder lines. we're looking between refi's, assesments and lines or a combination to fund capital improvements. Im just curious what rates people are seeing.