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Take A QuizIf your appraisal comes back too LOW - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and SOLD to Fannie Mae and Freddie Mac. That MEANS you MAY have to pay a much higher rate.
Posted on 01 Feb 2025, this text provides information on Loan related to Jean Chatzky. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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