Should I REFINANCE a construction loan to a permanent loan OR convert to a permanent loan?
Written By: admin on October 20, 2009
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It seems that interest rates are much lower for refinancing existing loans, as opposed to new loans. I have a construction loan which doesn’t expire for a few months, would it be better to refinance the construction loan to a permanent mortgage or do a construction to permanent conversion loan? Which will get me a lower interest rate?
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