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Jim Holder's Advice

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Jim Holder wrote:

How do you refi a jumbo loan when you are under-water?

Answer
So, your ARM will reset in 2012 it appears. Check your mortgage docs to see what index is being used and what the margin is. The coming adjustment might be surprise (good or bad). For a refinance, more info is needed.BTW: I just helped a client refinance and save $1000 a month.JimHolder,CRS,ABR,ePro,CDPE,SFR
September 18 2010
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