refi: Refi Success Story - 03/07/16 02:14 AM
My client who was referred by his accountant came in to see about a refi. He showed me his payment coupon and it said he had 3.625%.
I asked him if was wanting cash out; he said no. So I asked him why he wanted to refinance when he has a good rate. He said that 4 years ago when he refi’d, the bank said he did not qualify and had to put his daughter on the loan. Funny; today he qualifies at the same rate and income. Hmmm.
He needed to refinance because now that his daughter was finally going to college, … (0 comments)