Submitted by Anonymous on Sat, 10/25/2014 - 15:28
Term Change on Mortgage Rate Refinance
Term Change on Mortgage Rate Refinance
Does the term change when refinancing your mortgage rate with an existing lender
Refinance rate in 1997 when Chemical takeover of Chase.
1 Answers
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Not exactly sure of your question
If you refinance you have the option to pick how many years the terms are for
Most of the time people go to a new 30 year to lower the payment but sometimes people will go to a 15 to cut years off of the loan
You should consult with a pro to see if it make sense
Brian Barnes
ENG Lending Nationwide Lender
Brian@aimwithfocus.com