Tag Archives: penalty

Q&A: Will it be better to refinance after the pre-payment penalty?

by truliavisuals Question by superwoman: Will it be better to refinance after the pre-payment penalty? My brother and I just bought a house and it’s a 5 year interest only loan and the mortgage is close to $ 4000 a … Continue reading

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Can you use your 401 k to pay down your mortgage if you refinance without receiving a penalty?

Question by Deborah V: Can you use your 401 k to pay down your mortgage if you refinance without receiving a penalty? Can you borrow your 401 k money to pay down your mortgage if you are planning to refinance … Continue reading

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