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Home Re Fi Question. Cash Out....
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greenbine
Posted 12/12/2012 10:10 (#2747494 - in reply to #2746627)
Subject: Re: Home Re Fi Question. Cash Out....


GrainTrader - 12/11/2012 08:16

i can borrow money for my house at 3.5%, but bank wants to charge 5% for farmland...... thinking of taking out of house for land.... not set in stone, but just considering. i won't be doing it to purchase any more land then if i didn't do it. so no fear of over purchasing any more then i'm already considering over purchasing! ha ha.... get it!


better do your homework, general practice is to charge a significant fee for a cash-out refi
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