Need advice for refinancing

[Jacek Szewczyk]

I’m looking to refinance my primary residence. Our current loan is under my wifes name and we would want to keep it that way. My concern is that she currently is only working once a week, and monthly pay stubs are requited. Is there even a chance that we could refinance with her working once a week ? Also equity line is open, untouched, and we are hoping to keep it open. Any advise is appreciate it.

Also what does it mean to get a point discount when it comes to new loan? Thank you again

[Jacek Szewczyk]

Thank you for the advice. I just wanted to lower my current rate we are at 4.25. The reason I wanted not to be added to the loan is that you don’t really know what is going to happen with the economy and if things will not work out only one of us will end up with bad credit.