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Answers (4)
Best Answer

- shapiroamg
- Contributions:3058
Probably so but you may want to speak to a local bank or credit union as they would be better to deal with for smaller sized loans (which your's would be considered).

- wayne lancaster, "funds2"
- Contributions:1177
I would start with your current lender as they already have your loan, and you would be speaking to an admin person vs a loan officer somewhere else with little incentive because of small loan size. You can compare with at least one other local bank or CU. With such a small loan be sure to calculate the monthly savings vs cost to refinance as payback is likely to be 5 yrs or more

- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
You may find that a reverse mortgage is right for you: http://assets.aarp.org/www.aarp.org_/articles/money/financial_pdfs/hmm_hires_nocrops.pdf
Happy funding, Rudi
Happy funding, Rudi

- Andrea Roter, "SimiValleyRealtor"
- Contributions:40
Hi, You might want to make sure they are a reputible Lender licensed to write Loans in your own state.
Regards,
Regards,

Looking for someone to help me do a small refinance.
Our home is in zip code 06851, Norwalk, CT. We are both retired & have an income of approx 60k.Can someone help us?
Frank Sandall
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