Reduce House Loan: Knock Off 8.5 years from loan!, Anyone is doing this?
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 Jul 1 2015, 09:24 AM
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#1
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Senior Member
593 posts Joined: Feb 2007 From: Merseyside  
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It all depends on your loan package. Even 1 bank can have multiple packages on offer.
Better to refer back to your LO for more info whether the tactic helps. Else, go for some secured method in loan shortening. |
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Jul 1 2015, 10:05 AM
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#2
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Senior Member
593 posts Joined: Feb 2007 From: Merseyside
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Used to be working in bank before.
Basically, it's not that effective given the changes of the BLR/BR and it takes time to monitor by yourself. If multiple loans on hand then worse. |
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