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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/im-also-able-to-pay-down-the-mortgage-somewhat-30537170.aspx

Subject:  Re: Debt-to-income ratio if self-employed Date:  2/11/2013  7:35 PM
Author:  CCinOC Number:  124735 of 127683

I'm also able to pay down the mortgage somewhat if that will allow me a better deal.

At my best priced wholesale source, pricing is .25 better to fee (not rate) for LTV <= 60%.

Depending on the loan amount, .25 better to fee may not result in enough savings to warrant, as Dave noted, depleting your reserves to pay down the balance.
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