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Old 01-17-2011, 04:11 PM   #18
Bring_Back_Shantz
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Quote:
Originally Posted by amorak View Post
Sorry - what's the difference? Would that mean someone had to stay with the same bank, they can't port the mortgage to a different broker or whatever that has better rates? Seems to penalize people?

Or does that mean you can't take a 35 year mortgage and refinance it to 25 years, and then try to take it back to 35 years some time later?
Wow, who every would have thought getting into a zero down 35 year mortgage could come back to bite someone in the ass?
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