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12-21-2007, 10:50 AM
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 Getting a New Mortgage with Same Lender?
My current home mortgage is at 7.75% with Washington Mutual. I was considering calling them up and seeing about a new mortgage product. However I won't qualify for a new mortgage although the payments are lower...What should I do?
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12-21-2007, 11:23 AM
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There is more than one lender out there. If your current lender won't refinance your existing loan for you in order to get a lower interest rate, pick up the local phone book and do a little shopping for a new loan at a better interest rate.
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