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Версия 06:14, 26 мая 2013

Refinancing is another loan against the equity in your property. The interest that is available to you will depend upon your credit history. You can negotiate to pay points in exchange for any lower interest rate or more favorable terms, in this case to remove the prepayment penalty. These things can wait while there is a more pressing matter that you should bother about first. Do your homework and determine what the best scenario is in your case.

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