joyster_98 asked:
I am looking to refinance the home. My current interest on the loan is 6.5% owing 9 years. I would like to reduce the interest that I am paying as of now. I know a fifteen year loan is available but I am looking for a even lower amount of 10 years. Are there any companies out there that would do this for a lower rate of less than 5%?
FREEMAN
I am looking to refinance the home. My current interest on the loan is 6.5% owing 9 years. I would like to reduce the interest that I am paying as of now. I know a fifteen year loan is available but I am looking for a even lower amount of 10 years. Are there any companies out there that would do this for a lower rate of less than 5%?
FREEMAN
DARYL
There are dozens of lenders that will finance your property for under 5% for 15 years. I did a loan with First Horizon Mortgage for 10 years at 4.125% with one point.
A few days ago I was in Washington Mutual Bank and they had a 15 year loan for about 4.5%. It shouldn’t be hard getting a 30 year loan for about 4.95% if you have good credit and 20%+ equity.
Comment by Glenn S — June 25, 2009 @ 12:06 pm
JESS
every conforming lender has 10 year notes.
I am a mortgage banker in TN
Comment by golferwhoworks — June 28, 2009 @ 1:20 am