A couple of local lenders declined, even though the law, as I understand it, says the refis, available only for certain Federal Housing Administration-backed mortgages, can be made regardless of credit history — the lenders are not supposed to even look at your credit — if certain other criteria are met, and we met them.
Plus: no appraisal is required and there is no verification of job, income or credit. Seriously. Read about here at Dan Green's The Mortgage Reports blog: tinyurl.com/DanGreenFHAStreamline.
At any rate, we went back to Wells Fargo, this time to the local office at 9604 N May, and asked about it.
“Be glad to,” John Snodgrass said, or something close. “Sure thing,” Chad Caplinger said, more or less. That was a few days before Valentine's Day. Allison Stafford, in the Edmond office, answered a few panicky emails from me over the ensuing weeks. Oklahoma Employees Credit Union was happy to subrogate the second mortgage, for $200 (hey, everybody charges).
Dolores and I signed on numerous dotted lines Wednesday at closing, at Oklahoma City Abstract & Title Co. at 50 Penn Place, thank you Mickey Talbert, manager and escrow officer.
The only hitch? A mad dash to Wichita Falls, Texas, and back one day, to the county courthouse for a new, official copy of our marriage license, since we — neither of us, thank you — could find the original.
All of which is to say, finally: All's well that ends Wells Fargo.