mill valley: My loan is at 5.625%
- 09/03/13 02:30 AM
Yes, I am a full time mortgage professional and the loan I have on my house is a 30 year fixed rate of 5.625%. Why didn’t I refinance into something better you ask. Because my Total Loan to Value is too high to get a new loan to refinance my home. I am sharing this to shed light on a subject in a very real way. I got a great rate of 5.625% on my own house in 2003 and then later when values were way up a few years later I pulled money out with an equity line and bought … (0 comments)
Yes, I am a full time mortgage professional and the loan I have on my house is a 30 year fixed rate of 5.625%. Why didn’t I refinance into something better you ask. Because my Total Loan to Value is too high to get a new loan to refinance my home.
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