Re: what are take out loans?
From: Sharon Villines (sharonsharonvillines.com)
Date: Thu, 5 Mar 2009 04:58:01 -0800 (PST)

On Mar 5, 2009, at 6:14 AM, Jessie Kome wrote:


It is the
permanent financing that takes out the construction financing.

"Takes out" as in pays? Sort of overwrites it?

When I refinanced my house, the first loan was "taken out"?

Sharon
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Sharon Villines
Takoma Village Cohousing,Washington DC
http://www.takomavillage.org




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