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re: Refinance Opinions

Posted on 7/14/10 at 3:05 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/14/10 at 3:05 pm to
quote:

The thing that concerns me is I don't have much equity in my home now, so if I had another 3K I would be cutting it even closer.


Why don't you shorten the duration on your loan?

You'll get a little bit better rate and build up equity a lot faster.
Posted by Glock17
Member since Oct 2007
22438 posts
Posted on 7/14/10 at 3:07 pm to
quote:

Why don't you shorten the duration on your loan?


When I called, they said I wasn't eligible for a 15 year.
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