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All Forum Posts by: Darren Beauchamp

Darren Beauchamp has started 1 posts and replied 1 times.

New Member Introductions

Post: Consolidatdating mortgages advice

Darren BeauchampPosted
  • Investor
  • Miami, FL
  • Posts 1
  • Votes 0

Hi I have a primary residence mortgage 6 yrs into a 30yr conventional fixed at 4.35% and I have a rental unit 13 yrs into a 30yr FHA at 5.5%. My dilemma is I would like to consolidate into a 15yr conventional refi cash out on the primary and pay off the rental unit. However, the math is confusing me and the tax deductions. I have enough equity in both for the LTV's to qualify for a 3.2% 15yr fixed.

Thanks

Darren - Miami Florida

0 Votes