Spire
Rated XXX
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 Posted: Wed, 01 Jun 2005 00:30:26 Post Subject: |
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We have had offers like that from all of the lenders we have dealt with.
I guess the reason they offer it is because most of the folks out there do not have the willpower to go ahead and make the extra payment each year, or even the extra principal added to each bill.
It is amazing what one extra principal payment a year will do to the life of a home loan.
We do not have the said willpower to do this, however we have never kept one loan on this house for more than 3 years!!!
It would be stupid for us to throw them more money until we are done refinancing...someday!!! |
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