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refinance or wait?

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SamMc926

Guest
What is the name of your state? Mississippi
My son has a home mortage, but because he is under 21, I had to sign with him. Because of that, his mortgage is treated as an investment and not a home mortage and he cannot file for homestead exemption, etc. He wants to shop around now to refinance, but should he wait until he is 21?
 


HomeGuru

Senior Member
Consult with a mortgage broker. He may even want to rei now since th rates are low even if he will not be getting an o/o rate.
 

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