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skivino_gw

COSI Mortgages

skivino
18 years ago

Can any one give me insight to these mortagages? Are they good/bad? We're not planning on moving but would like to refi our 1st mort, combine it with our HELOC and take out extra $$ for bathroom remodels and Central AC.

We're very good about paying extra a month to bring down our loan amount, in fact we're now paying more towards the principal than interest after 4 years. Should we consider this or look into another fixed rate loan.

Currently we have a 15 yr 5.5 % on our 1st and a HELOC w/an ARM that keeps going up up up. We'd like to take out an addl $30 in cash for home improvements. I would appreciate any insight anyone could offer me.

Thank You in advance.

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