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Old 01-28-2009, 09:20 AM   #5
Rathji
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Join Date: Nov 2006
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Quote:
Originally Posted by fredr123 View Post
What happens if you had one of those 40 year zero down mortgages and it comes time to renew? Can you renew that same "deal" (even though you can't sign up for a mortgage like that anymore)?
I doubt it.

AKAIK you are taking out a new mortgage , as opposed to renewing the old one.
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