Refinancing FAQs: I recently refinanced my airplane loan w

Refinancing

Q:	I recently refinanced my airplane loan with a competitor and not only was the rate higher than quoted they charged me an unexpected fee. I would like to take my business elsewhere. What do you suggest?
A:	You can certainly refinance your airplane loan again and we will be more than happy to help. Depending upon how long you plan to keep your current airplane will be a big deciding factor and you should confirm that there are no prepayment penalties for early pay off. We offer both fixed and variable rate loans with no prepayment penalties and our closing fees generally will not exceed $500.