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re: Home Loan - Refi vs PMI Question
Posted on 3/11/15 at 11:31 am to TigerDeBaiter
Posted on 3/11/15 at 11:31 am to TigerDeBaiter
Home was purchased December 2012 for 206k. Loan was 184,6xx. Current principal is 177,3xx.
I guess the farm loan is the same as the RD loan. We plan on staying here for at least 5 more years. What cost besides a new appraisal am I looking at?
I guess the farm loan is the same as the RD loan. We plan on staying here for at least 5 more years. What cost besides a new appraisal am I looking at?
This post was edited on 3/11/15 at 11:34 am
1
Posted on 3/11/15 at 11:51 am to SeaPickle
So if it's RD, you gotta refi out of RD to get rid of it. Closing costs would include app fees, origination fees, etc. Some will do no cost loans and either roll the amount into principal or charge a higher rate.
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