Mortgage Blog

Mortgages on the renatl instead of the primary?

February 26th, 2019 3:41 PM by Eric Fang

Some of my clients finished the 2018 tax returns, and they would like to refinance again after that. They found that they could not deduct too much interest from the primary home mortgage. So instead, they cash-out mortgage on the rentals(which were already paid off), and will use the interest to offset the mortgage interest.

If you have the similar situation, please just try and find out this is a good solution for you.
Posted in:General
Posted by Eric Fang on February 26th, 2019 3:41 PM



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