The interest rate for a refinance loan depends on your credit profile, your choice of variable rate or fixed rate, and the length of repayment for the loan. (commonbond.co)
Some of the issues that can prevent you from accessing bank mortgages include criminal cases, bankruptcy, court judgments and late repayment for loans. (mortgagebrokerstore.com)
That's about $ 500 less each month, but of course, total repayment for the loan is extended to 38 years. (themortgagereports.com)