mortgage refinance $ limit

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Icon Mini Profile scdowell




Joined: 24 Oct 2009

Posts: 1

1.25 Dollars($)
PostPosted: Sat Oct 24, 2009 8:20 am    Post subject: mortgage refinance $ limit

We were recently told that Texas has a new law that will not allow people to refinance a loan for less than 75,000.00. Is this acurate and if so why was this law made ?
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1735

35.94 Dollars($)
PostPosted: Sat Oct 24, 2009 11:08 am    Post subject:

I do nto think there is any such law

But most of the lenders do nto want you process a loan which is low, becuase it cost them more to process the loan
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