Can Quicken Loan & Payment Terms be modified from a 30-year loan to a 15-year loan?
I am part way through a 30-year mortgage and have just negotiated what's called a modified loan. This takes the unpaid principal and moves it into a 15-year mortgage at a lower interest rate. Can I adjust Quicken Loan and Payment Terms or is it best to close the original 30-year loan and start a new 15-year loan?
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