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Company Loan Type APR Est. Pmt.

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Posted on: 07th Nov, 2010 09:54 am
i have 7 yrs left on a 15 yr loan, balance about $79,000 and a 2nd, balance about $36000. 15 yr is fixed 5.25%, 2nd is adj. 3.5% currently.

i may loose my job soon, should i go in for a refinance now?
Hi Guest,

If you have equity in your property and presently have a good income and job, then you'll be able to refinance both the mortgages into one. If there is no equity in the property, then you won't be able to get a refinance.
Posted on: 07th Nov, 2010 02:10 pm
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