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Company Loan Type APR Est. Pmt.

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.


Anonymous's picture
Anonymous
25-10-2014

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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

brian1 | Asked on 2014-10-29

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