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Reply to "Cashing out 401K to payoff mortgage"
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[quote=Anonymous][quote=Anonymous]Can't you "borrow" from your 401K, pay off the 2nd trust, and then repay the loan from the 401K with the savings from refinincing your mortgage at a lower rate? [/quote] This is slightly more palatable than the original idea. What is your rate on the first and what is the UPB?[/quote]
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