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 Farm Credit Borrowers Financial Condition 2006-2025

Borrower Financial 2006-2025 Form

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hey everybody hope you're having a great day nice to see you again I just had a borrower who called about a Cash out refinance and I just wanted to share a quick little story about that she had already been talking with sort of a big box lender about Cash out refinance options 250 000 to work on a business she's starting and to do some home renovations but she's 10 years into her current mortgage at about five percent and current Cash out refinance rates are way over that so they were steering her into a very bad deal because right now most of her mortgage payment after 10 years goes to reduce the principal balance if she starts all over at a higher rate she'll be paying a ton of extra interest so even though I personally can't do them at the moment I recommended she go with like a credit union and a home equity loan because that's going to be the better deal she needs to keep that first mortgage if you're thinking about getting c

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