I am buying a new home and I have the cash to buy it for all cash, but I ultimately want to refinance. Would it be cheaper if I bought it all cash and refied, or if i financed as a purchase? Or would it not matter…
Purchase loans are generally better. Put down 20%-25% and you can get a decent loan. Look at paying discount points to buy the rate down for the life of the loan. It is not as easy as you think to refinance and take a large amount of cash out. Hang on to your cash and get a loan. Find an honest mortgage comsultant, it isn’t easy!

Murfreesboro Mortgage

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