Question by aja horne: After refinancing how long dose it take to pay off your existing mortgage?
Hi I just refinanced my mortgage and it closed a week and a half ago. I refinanced with the same company, went online and it showed the new loan on there with the first payment. It also showed the old loan showing a payment.
Answer by KellyB
Call the mortgage company, when you refine the house a whole new set of papers and contract are drawn up at the new rate and monthly payments. The old one show not be showing open as well…thank you…K
Know better? Leave your own answer in the comments!