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re: Loan for a lot next to my house

Posted on 4/25/17 at 11:32 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/25/17 at 11:32 pm to
I'm completely ignorant on this but I would assume since it's contigious with your current property you could refinance your mortgage and include it. However, the low amount needed to finance and the cost to refi the mortgage and possible hire rate might mitigate the savings vs a traditional land loan.
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