Tag Archives: paid

where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower?

Question by Mark: where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower? my interest rate? I believe I can write off this point over a period of time. Where … Continue reading

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can you lower your mortgage (without refinancing) by having excess in escrow once taxes and insurance are paid?

by The Ardvaark Question by Daisymae: can you lower your mortgage (without refinancing) by having excess in escrow once taxes and insurance are paid? My statement came in stating that I am under $ 15.00 in escrow for taxes to … Continue reading

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Q&A: Is refinancing still called refinancing even if you already paid off the old mortgage and own the house?

Question by Dilbert: Is refinancing still called refinancing even if you already paid off the old mortgage and own the house? When you pay it off, is that called unfinancing, or what? And if you get a new mortgage later, … Continue reading

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Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes?

Question by Fred M: Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes? I am pretty sure it is deductible when you a buying a home; just want to know if it is deductible when refinancing … Continue reading

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