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Non-Cattle Specific Topics
Coffee Shop
I think I did good
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<blockquote data-quote="TexasBred" data-source="post: 655349" data-attributes="member: 6897"><p>You did the right thing. Nothing wrong with being well secured but sometimes it seems they just don't want to make loans for anything at all..... A good bank will still lend money to good customers. They certainly aren't making any money putting it in gov't securities or fed funds. I still don't think I would have refinanced tho with those closing cost. Could have just put more on principal each month and amortized the loan more quickly and kept the 7 grand. Guess it all depends on what you owe and how long remaining on the note.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 655349, member: 6897"] You did the right thing. Nothing wrong with being well secured but sometimes it seems they just don't want to make loans for anything at all..... A good bank will still lend money to good customers. They certainly aren't making any money putting it in gov't securities or fed funds. I still don't think I would have refinanced tho with those closing cost. Could have just put more on principal each month and amortized the loan more quickly and kept the 7 grand. Guess it all depends on what you owe and how long remaining on the note. [/QUOTE]
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I think I did good
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