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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Noah, I have a conventional loan, owned the house 14 years and it was a jumbo, but I've paid most of that off. Where you get hosed on a re-fi is when you have 20 years left on the loan and re-fi for 30. You should always re-fi for the same number of years, or less.
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Hugh
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