Ask Terry Questions Refinance and title question

Refinance and title question

By Terry Savage on January 18, 2021 | Housing / Real Estate

My house is titled in my trust. If I refinance my mortgage will I have to engage a lawyer to put the property back in the trust. My current rate is 4%; remaining balance is 87,000. Will be paid off in 2042. I plan on retiring in @2 years. Is it still smart to refinance? Excellent credit. Thank you.

Terry Says

No,not at all. Your trust uses your SS number. No problem refinancing and keeping title the same.

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