On March 1, 2009 I began the refinance process to lower my monthly payments by $400.00 with the same company (WAMU) I did this because of possible layoffs in my industry (Oil and Gas). On March 13th I was RIF'd and given a severance package.
My question is: I am planning on telling WAMU but would like to know how to best handle it and will that change my refinance/interest quarantee? The refinance process has not been completed.