Question by stclaircl: Getting a divorce forces refinancing. Don’t plan to stay in it more than 2 years. What is best mortgage?
If I know I will only be in the house for a short period of time is there some type of mortgage out there that will decrease the payments. My goal is to make some repairs and upgrades and prefer lower payments until the sale is complete. Need to allow 2 to 3 years before sale is complete. Live in S. Texas and housing market is stable.
Answer by Mrs HarleyBrat
best mortgage is fixed conventional with low interst rate and no pre penalty payments – don’t delude yourself though – the market isn’t stable anywhere – good luck
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