Quote:
Originally Posted by lewdog
The paperwork for a simple mortgage refinance has been insane. Should be closing fairly soon though. The loan company waived our appraisal, as they determined we already have enough equity in the house to refinance without someone having to look at the property and determine it's value. So that's a bonus.
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What was the factor behind the refinance if you don't mind me asking?
Rates have been so low for so long not sure how you reduce payments anymore or were you looking to take out equity to do something else with the money?
