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 how does refinance work, refinance

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excaliburcombo
post Jan 6 2020, 01:32 PM

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my property loan 167k latest rate 4.45. Balance 156k. Current property value 260k (neighbor sold last month). Now what is current rate bank offer? might want to refinance.
excaliburcombo
post Jan 8 2020, 12:44 AM

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QUOTE(Pac Lease @ Jan 6 2020, 03:33 PM)
Currently alliance bank offer interest rate from 4.44% to 4.68%. If you got other debts such as credit card or personal loan, you can apply refinance loan under alliance one account, the cash out will help you to settle your credit card or personal loan. if you do not have any loan, you and cash out and standby. no use the fund no interest charge.
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ok thanks
excaliburcombo
post Mar 10 2020, 12:23 PM

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usually how long it take to disburse for refinancing home loan? Currently at 1 month after sign bank LO and lawyer. Insurance also already approve.
excaliburcombo
post Mar 10 2020, 03:41 PM

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QUOTE(Pac Lease @ Mar 10 2020, 01:45 PM)
Normally refinance will take around 3 month to disburse the loan.
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noted. thanks

 

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