The latest $50,000 financing is actually an effective refinancing significantly less than 1003
The latest $50,000 financing is actually an effective refinancing significantly less than 1003 2(p) Refinancing 1. General. Part 1003.2(p) talks of a beneficial refinancing once the a close-prevent mortgage or an unbarred-stop personal line of credit in which another, dwelling-covered financial obligation obligation suits and you may changes an existing, dwelling-protected personal debt obligation of […]