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No quotes on my loan request to lower interest rates on a 15or10

Profile picture for MCCustozzo
$125k is value of home and would like to refi $36k for 15 or 10 yrs.
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August 07 2011 - Rochester
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Answers (5)

Profile picture for The123Mortgage
rates dropped much lower since you started this post; are you planning a cashout refi?
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September 15 2011
Profile picture for JamesRPetersSr
In all honesty it probably would not make sense to refinance 36k unless you have a 10% rate or higher. I would keep it and just pay it off.
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August 11 2011
Profile picture for Georgia Loans
Do not waste lender's time and money ( since they pay for your inquiry )  with the suggestion of raising your loan amt in order to get quotes. Contact the lender below that quoted 3.5%.   
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August 07 2011
Profile picture for Bond Street Mortgage

You would be in the 3.5% rate range. 

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August 07 2011
Profile picture for OelrichTeam
Most of the quotes on Zillow are automated, and I'd guess that the lenders providing quotes in your market have their settings at a higher minimum loan amount than what you have requested.

Try setting your loan amount higher, and once you get some quotes, reach out to those lenders to discuss your scenario in person.

Best of luck!
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August 07 2011
 

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