Pay off Home Faster With a Cash-in Refinance

Don Taylor

Pay off Home Faster With a Cash-in Refinance

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http://www.foxbusiness.com/ The appraised value of your home limits how much you can borrow. It’s your income that limits whether or not you can afford a 15-year mortgage. I’m going to assume it’s the appraisal issue that’s keeping you from refinancing. Otherwise, you could refinance with a longer-term loan, capture the interest rate savings and prepay principal to shorten the life of the loan.
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