Today, we are answering your questions about how to get rid of a timeshare that was gifted to you, if it is legal or a good idea to use student loan money for a down payment, if you should pay off your mortgage early, and what recasting a mortgage is and if it is something you should consider. Dr. Jim Dahle also answers a few questions about non-compete contracts.

In This Show:

Recasting a Mortgage

“Good morning. I was wondering if you could speak to recasting a mortgage. My brother has done this a few times, and it seems like a legitimate option where you could put a lump sum and then decrease your monthly payments on your mortgage without having to go through the whole refinancing process. I’ve never heard of this prior to him. I looked into it and it seems legit, but

Keep reading this article on The White Coat Investor.

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