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should i refinance with another company

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gladyshobbs Joined: 25 Jun 2011 Posts: 1 1.30 Dollars($)	Posted: Sat Jun 25, 2011 6:35 am    Post subject: should i refinance with another company Like 0 Dislike 0 I need to lower my monthly house payment, should I go with a different lender to get better interest rates as well as lower payments? I am usually afraid to try something like this with a lender I don't know much about. Right now, I am financed with a local finance with whom I am familiar with, but my interest rates are so high and that makes my payments very high and will take longer to pay off. What should I do?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Sun Jun 26, 2011 9:45 pm    Post subject: Like 0 Dislike 0 Hi gladyshobbs! Welcome to forums! If you have equity in your property, then you can contact some other lender and apply for a refinance. If you meet all the required criteria of the lender, then you will be able to get refinance and lower your interest payments. Feel free to ask if you've further queries. Sussane

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