Is it advisable to get a Home Mortgage at prime minus one for 4 months and get 5K Cash back?
Renting & Real Estate
rjain15 asked:
My lender is giving my 5K back for a mortgage of prime minus one for few months and then he will refinance. He says that I will get huge incentive and then he will refinance at almost no cost.
Any comments or suggestions… ?
Hazel
My lender is giving my 5K back for a mortgage of prime minus one for few months and then he will refinance. He says that I will get huge incentive and then he will refinance at almost no cost.
Any comments or suggestions… ?
Hazel
