http://www.mortgagepirate.com/mortgage/n32.html A refinance mortgage loan can give us the liquidity that we need... en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Refinance Mortgage Loan - a cash infusion When you get a refinance mortgage loan, you are essentially liquidating your home's equity minus the interest that you've invested. With the money that you get wehn you obtain a refinance mortgage loan, you can do anyhting that you want - anything. There are no stipulations when you get a refinance mortgage loan on where you spend your money... So, if you get a refinance mortgage loan for $70,000 then you can spend this freely- the lending company doesn't care. However, you should realize that there are fees attached to getting a refinance mortgage loan, including a possible early payment fee for paying off your first mortgage and getting a refinance mortgage loan or second mortgage... If you obtain a refinance mortgage loan and the house's worth decliines and your interest rate climbs - well, you may lose money... When you neeed cash though, and feel better having it in hand rather than buried away in your home's equity a refinance mortgage loan is your best bet! Sat, 26 Jul 2008 15:00:00 EDT