You Could Save Money With A Mortgage Recast | Marimark Mortgage

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If you can't refinance your mortgage, a loan recast is a lesser-known. a substantial savings when compared to closing costs of a refinance.

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Assuming there were 29 years left on the loan, that would result in a. I admit this method will save you money, but you first have to come up.

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You might find that making extra payments on your mortgage can help you. or a payment that's larger than the required payment, that money is applied to the.

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That is, if you want and/or need cash, keeping the mortgage can be the better option. elizabeth warren (All Your Worth): Save 20% of your income. ago ( can't find it now) that said unless the bank recasts the loan (which.