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Charlotte Real Estate, Development, and Construction News: Mecklenburg Times > Columnists > Kass > Refinance misstep costs homeowners low rate
Refinance misstep costs homeowners low rate
By
Published: November 2, 2012
Time posted: 8:42 am
DEAR BENNY: A mortgage broker advised us several years ago to split our mortgage into a $400,000 mortgage and a $100,000 line of credit (we had $300,000 total available on the HELOC).
A few months ago, we refinanced our $400,000 mortgage with our current lender. (Our house is assessed at $900,000.)
We asked our lender if we ...
Published: November 2, 2012
Time posted: 8:42 am
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