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  1. ... down side is that your closing costs tend to be higher. You have to pay 1 1/2 points in upfront PMI (often financed in the body of the loan ) and regardless of how much your property increases in value, you have to...

    7 Answers · Business & Finance · 20/04/2008

  2. A refinance with cash out would save you money in... interest rate would be lower for a 1st mortgage . If you refinanced for a lower interest... to pay for the loan as well as any ...

    3 Answers · Business & Finance · 31/05/2009

  3. That all depends upon what your next lender would be comfortable with. Obviously this is a jumbo mortgage , but that brings you back to 82.35% LTV instead of a little below 20...

    4 Answers · Business & Finance · 19/07/2011

  4. ...could get 6% on a cash out refinance without PMI...new first mortgage would give you a lower average... might be better... rate vs. what the difference in...difficult so any competent loan officer should be ...

    8 Answers · Business & Finance · 18/09/2008

  5. What is it that you need to accomplish with your refinance ? Cash out for paying off debt or to just get a lower rate and...you may qualify for a mortgage loan modification. While...

    4 Answers · Business & Finance · 15/05/2010

  6. ... a non recourse loan , meaning...value. As a result if home...the home may be sold... to either refinance the home and keep...of the reverse mortgages , there is ...can sell it and cash out the equity.

    4 Answers · Business & Finance · 19/07/2011

  7. ...may refinance your home if you have sufficient equity to do so. During the refinance you may do what is called a cash out mortgage loan a oppose to a rate and terms refinance , where you would simply be refinance to...

    2 Answers · Business & Finance · 28/05/2010

  8. ... vale cash out . The loan does not have to be repaid while...must sell the home or refinance it in someone ...just gets what they can get. I am a mortgage banker in TN...

    4 Answers · Business & Finance · 06/02/2012

  9. ... mortgage is the purchase money mortgage , right? ...any additional cash and haven't refinanced it since you...39;s just a plain old straight... refinancing a cash out loan , so it'...39;s probably what the "official...

    1 Answers · Business & Finance · 10/05/2008

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