What if I want to refinance in the future to get a lower rate?

Refinances will be considered if there is no cash out in the transaction. All subordination requests are subject to Loan Committee approval. The county will not approve subordinations for Home Equity loans or a Home Equity Line of Credit (HELOC). In these cases (or in the case of default), the remaining balance must be paid in full.

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1. I read in the guidelines that there is a service fee of $200 required for the program. How do I get payment to the county?
2. How soon can we go to settlement after approval?
3. My lender said that I could possibly get my earnest money deposit back at closing. Is this allowed?
4. I am purchasing a condo with mandatory country club membership and fees. May I use PEG funds to finance these expenses?
5. What if I want to refinance in the future to get a lower rate?
6. What if I decide to sell my home or I end my employment?