Refinancing a fixed rate loan

[ Follow Ups ] [ Post Followup ] [ CREOnline Lenders Forum ]


Posted by Tim (NC) on March 19, 2010 at 20:02:42:


I currently have a 50K mortgage at 9.3%. I also have an opportunity to use the line of credit with my LLC that currently has an interest rate of 4.4%. I am considering taking the balance of my fixed rate loan and putting it on the line of credit for the LLC. Is this a good idea or not?

Follow Ups:



Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ CREOnline Lenders Forum ]

CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com