Q&A
Asked by Cfeeney52
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
You will save on interest. Yes, your loan is paid off in half the time - but you can also pay off a 30-year loan in 15 years if you made additional principal payme...
Q&A
Asked by tom_boyd
Answered by David Skow
Mortgage Professional in Seattle , WA
Tom, do you happen to be a disabled vet? Asking because if you are - then the VA " funding fee " would be waived and likely a new VA loan would be the way to go, if...
Q&A
Asked by artistgraber
Answered by Sean Young
Senior Loan Officer in Littleton, CO
That's a good question. The reason is that you still have to go through an approval process to verify that you are able to repay the new loan. When going through this ...
Q&A
Asked by rexcloward
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Rexcloward Get together with your mortgage advisor to discuss your situation in greater detail. Next, my crystal ball can't tell you the "best" way for you. I...
Q&A
Asked by edonna76
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
It will be very hard for you to get a good rate for a loan. Try equity line of credit, maybe you can get a better rate if you only needing $50k or less. But if not, yo...
Q&A
Asked by an anonymous user
Answered by Paul Carson
Loan Officer in Conshohocken, PA
Hello, Given today's current interest rate market, this rate quote sounds very high for the parameters that you are sharing with me. Please reach out to me at my of...
Q&A
Asked by goggle
Answered by Lee Hardin
AVP - Residential Loan Officer at Glacier Bank in Sandpoint, ID
Hello, yes it makes sense to do a cash-out refinance and pull the $10,000 out as long as you have sufficient equity. You can typically do a cash-out up to 80% of the a...
Q&A
Asked by JIM
Answered by Christopher Tanael
Wholesale Rep in San Marcos, CA
Most likely a lot. At least a couple of hundred a month, not to mention all the interest you will save.
Q&A
Asked by an anonymous user
Answered by Christopher Tanael
Wholesale Rep in San Marcos, CA
Yes, you can do this. Feel free to contact me through my profile, I can help you.
Q&A
Asked by an anonymous user
Answered by Christopher Tanael
Wholesale Rep in San Marcos, CA
I can help you sir, please feel free to contact me through my profile.
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