Can we recast our construction loan at the lower rates of today?
Written By: admin on September 17, 2009
One Comment
We have a construction loan that has not been recast yet. We will be closing on our home soon and will be doing a recast shortly after. Right now I believe our rate is about 6 and 5/8. When we recast can we get a lower rate?
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Yes and make sure your lender knows you are aware that lower rates are available.