We just went under contract for a home and are very excited about it. We are working with two different lenders and have not finalized who we will go with yet. One of those lenders offers a recast option. Our scenario is that we are going to move into the new home then sell our current home. We have a few options, a traditional 30 year and a 2nd heloc, a jumbo loan at traditional rates, and some other options. I am wondering if it is worth picking one lender over the other to have that recast option. Either way, our current equity would pay off the second right away. With the recast option the remainder of the equity would go towards the first and I think that is what would make the recast option valuable. Looking for suggestions or for people who have gone through this.