Sheldon pretty much told me the same story when I inquired about a refi yesterday… He said ALL loans are hard these days – no guarantees, even with fantastic credit, low LTVs, decent income and assets.
Sheldon knows my stats since he did my refi last year. I’ve got excellent credit, loan is < 25% of the appraised value from last years refi, I've had the same employer for 15+ years and significant savings.
I'm not sure the .75% I could save is worth the hassle it would take since I'm doing my darndest to pay it off early (and reducing the total interest that way.)
