Actually, we’re in the process of refinancing. And luckily, it looks like we’re going to close in the next ten days.
But it took over two months (over a month in the queue to even be looked at by an underwriter) and we still don’t have a date scheduled. And that is one of the better scenarios. A lot of people are getting denied, appraisals are not looking too favorable (ours wasn’t where we’d hoped it would be), and banks are having fun demanding smaller loan amounts, onerous conditions and their usual hijinks.
That adds to this recipe for success.