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Mortgage for Primary Residence vs Investment

Started by bluerain
almost 18 years ago
Posts: 47
Member since: Feb 2008
Discussion about
Hi y'all, I was wondering. There seems to be a spread of about 1/4 point between getting a mortgage for an investment property vs getting one for a primary residence. If one takes out a loan for one and changes to another, in an *extreme* case, is one required to refinance the loan? What do *you* do? Thx
Response by shong
over 17 years ago
Posts: 616
Member since: Apr 2008

Not required to refinance and change, the bank doesnt care what yo do after you close on the house.

ANYONE HAVE QUESTIONS ABOUT MORTGAGES AND RATES, PLEASE ASK AWAY. OR EMAIL ME AT sunny_hong@countrywide.com.

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Response by kylewest
over 17 years ago
Posts: 4455
Member since: Aug 2007

This is shameful, shong. The users of this forum are sophisticated enough to be offended by blatant solicitations. STOP IT

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Response by shong
over 17 years ago
Posts: 616
Member since: Apr 2008

point taken.

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