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The Low Rate Co.

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May 16, 2021

Refinance Transaction Questions

money exchanging hands

 How do I pay off my loan faster?

Paying off debt early is a feasible goal if you have a budget, extra cash, and an early-payoff plan of action. Here are four ways homeowners can get rid of mortgage debt and own their house outright.

● Make extra payments,

● refinance your mortgage,

● recast your mortgage,

● make lump sum payments toward your principal.

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