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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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If you are moving to another institution, you can't just refi your first. You would need a priority agreement from the second mortgage holder. I would roll the second into the new first @ 5.25% and if possible use the savings to make extra payments against principal.
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87' Carmine Red Carrera - Keeper
82' Silver SC - Sold 79' Gran Prix White SC - Sold
05' Black C2S - Daily driver
I have never really completely understood anything.
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