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Looking for fixed rate BT deals.

Member

Re: Looking for fixed rate BT deals.

I should have been more specific. Unfortunately, the home was purchased during the "bubble", so the ltv is too high to qualify for traditional financing. The only financing available is a refi through the current lender, which is in process. They are unable to include the second, even under the program, because of the ltv. And, although there is a tax deduction for mortgage interest, the savings from switching to 5% fixed are higher.

Valued Contributor

Re: Looking for fixed rate BT deals.

Ok, that's unfortunate. It takes away a lot of "traditional" options.

Good luck with your search!

In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015