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Continue reading the time of this writing, prime is 8. Keep in mind that the home value will be determined bankrate auto loans the lender, either via an appraisal or an automated valuation model AVM used by the lender. Also, you must qualify for the full payment to be eligible for the full read more. Often, less income and asset documentation is needed and closing costs are typically lower compared to a standard refinance.
You must qualify for the payment and meet other guidelines to be eligible for the full amount available. If this loan program sounds right for your situation, move to the next step and check your eligibility.
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