Re: Auto Refinance Smart?
11-12-2012 09:07 PM
If your score can handle it, yes, and this is why. The lower payments will help your DTI, the lower interest rates will help your checkbook. It's not a new account, it's a refinance. If it gets flagged in UW, you would just have to explain this.
The Refiance of OPs Auto Loan WILL be a new TL.