Entries Categorized as 'Refinance'

Refinancing an Interest Only Mortgage

Date December 16, 2007

Refinancing an interest-only home mortgage to Avoid PMI

There are two aspects to one’s home loan rate:  The real rate and the “paper rate”.   For example, loans with PMI (mortgage insurance)  you have  a great “paper rate”, but when you add the monthly PMI cost ($70-$200) you have the real rate.
Most of my clients know I’m not a [...]

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