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How would the borrower be affected by selling or refinancing the loan during the first few years?

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How would the borrower be affected by selling or refinancing the loan during the first few years?

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As with any home purchase, selling the home in the first few years is detrimental to the homeowner unless there has been substantial appreciation. The Mana loan performs most effectively after the first few years when the refinances and foreclosures occur.

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