Tag Archives: More

Should I refinance if i owe more than my house is worth?

Question by chirailfan: Should I refinance if i owe more than my house is worth? I have two mortgages, 1 is a 30 year fixed at 6.5% and another at 8.5% interest only. If you combine the amount i owe … Continue reading

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I need more info on Sydney Financial Group. Is it a scam or the real deal. they promise debt freedom in 3-5 yr

by truliavisuals Question by Henryfears: I need more info on Sydney Financial Group. Is it a scam or the real deal. they promise debt freedom in 3-5 yr I have a friend who is planning on refinancing her mortgage and … Continue reading

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how do i refinance my house when I owe more than it is worth?

by truliavisuals Question by HomeownerEAC: how do i refinance my house when I owe more than it is worth? Our Adjustable rate mortgage is about to “adjust”. Unfortunately home values have plummeted in our area. We want to refinance to … Continue reading

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When people constantly refinance their debt, dont they end up paying more?

Question by RobertG: When people constantly refinance their debt, dont they end up paying more? I mean unless you refinance a mortgage from 10%(unheard of) to 3.0001, in the first 5 years(also unusual) and pay triple-principal for 18 months, then … Continue reading

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Did some mortgage companies dupe people into buying more home than they could afford or to refinance?

Question by Sean: Did some mortgage companies dupe people into buying more home than they could afford or to refinance? Granted you’re supposed to do your own research but what happens when a mortgage company convinces you that your fears … Continue reading

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Can I refinance my mortgage with no closing costs if I owe more than it is worth?

Question by Mark B: Can I refinance my mortgage with no closing costs if I owe more than it is worth? I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. … Continue reading

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Can I refinance even if my mortgage owed is more than my home is worth.?

by mary hodder Question by : Can I refinance even if my mortgage owed is more than my home is worth.? I am late for August and September on my mortgage, my mortgage amount is more than the home is … Continue reading

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How do I refinance when my mortgage is more than the property value.?

Question by teachingmother: How do I refinance when my mortgage is more than the property value.? My husband & I purchased our condo with two loans from Bank of America: a 5/1 ARM @ 5.25% and a 2nd mortgage @ … Continue reading

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How can I find out when mortgage rates are at a level that would make refinancing my condo more affordable?

by haytham fox Question by elishayden: How can I find out when mortgage rates are at a level that would make refinancing my condo more affordable? Best answer: Answer by chatsplasThere are many online calculators to figure this out Rule … Continue reading

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Cons to refinancing mortgage for more than I currently owe?

by J. Stephen Conn Question by BG: Cons to refinancing mortgage for more than I currently owe? I’m currently 6.5 yrs into my mortgage. Thinking of refinancing for 1.5 points less than current, but adding about 30% to what I … Continue reading

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