Thanks guys. We have many emails from multiple PNC employees saying this can be done, not one of them said "may be done". I feel like they only said this to get our business from the start. As mentioned above, PNC does not keep these loans, they sell them to the highest bidder which was some place called Blue Foundry Banking or some shit like that. I'm waiting for a call back still but we're super pissed. Yes we could easily take our loan elsewhere but it's still a major hassle and more paperwork to fill out.
And yes I'm sure we could easily take the $200k and invest it and pay the mortgage that way but I'd have to convince the Mrs.
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