This episode covers:
- Why would you refinance
- Will it be a rate term refinance
- Will it be a cash out refinance
- How do you consider it when you have a first and second mortgage
- Does it make sense to refinance a loan when you already have a low rate
- Should you go back to a 30 year fixed, 15 10 or ?
- Paying closing costs or not – you here about that
- Getting a credit at closing
- Do you have escrows or not
- Do you have your existing survey and owners title to save money
- When refinancing good time to look at what you are paying for insurance and doing an overhaul on the total payment
Get more info at www.ddamortgage.com
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