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cookster50
07-14-2005, 02:33 PM
I've seen before that there is at least one mortgage lender on here, looking for advice. I'd love to refinance my home to a 15 year mortgage with no money out of my pocket. Is this possible? What kind of rate would I be looking at? I just purchased the house 1 1/2 years ago, so maybe it isn't a great idea for me.

chagrin
07-14-2005, 02:41 PM
how much do you owe

how much is it APPRAISED for

what do you need the refinance for? If it's to save money, you probably won't save anything on payments, but you will pay less interest, that is still a savings
If you are needing cash, answer the first 2 questions

cookster50
07-14-2005, 02:47 PM
Check pm.

cookster50
07-14-2005, 02:48 PM
My payments would go up, but be the same I'm paying now. Would just save interest(a lot).

chagrin
07-14-2005, 02:55 PM
what term are you on now, 15 or 30

KingPriest2
07-14-2005, 03:02 PM
I jsut sent you a pm I am a mortgage broker

chagrin
07-14-2005, 03:04 PM
RUN away, a broker, head for the hills!!


:p

ct
07-14-2005, 03:11 PM
I jsut sent you a pm I am a mortgage broker

So here is one exception to that 3-hour Missouri net surfin slacker!