Tag Archives: ReFinance

Is it possible for me to refinance my 2nd mortgage and leave my 1st alone?

Question by mcoopd1: Is it possible for me to refinance my 2nd mortgage and leave my 1st alone? I ask this because most lender said I have to refinance my 1st in order to pay off my 2nd, but if … Continue reading

Posted in Q&A | Tagged , , , , | 5 Comments

In Texas, can you refinance a mortgage if changing from a primary residence to a rental property?

Question by Hokie: In Texas, can you refinance a mortgage if changing from a primary residence to a rental property? ***More specifically, can you refinance even if you have little or no equity in the home?*** We currently live in … Continue reading

Posted in Q&A | Tagged , , , , , , , , | 2 Comments

Q&A: Is it wise to refinance your home mortgage to consolidate auto loans?

by truliavisuals Question by Alecia C: Is it wise to refinance your home mortgage to consolidate auto loans? My gut answer to this is no. I tend to think that a refi on my home mortgage for 30 years to … Continue reading

Posted in Q&A | Tagged , , , , , , | 6 Comments

Is a New deed needed with refinance of mortage?

by Mr. T in DC Question by Hooper923: Is a New deed needed with refinance of mortage? Do you need to have a new deed drawn up if you are just refinancing the existing mortgage or does the old deed … Continue reading

Posted in Q&A | Tagged , , , | 1 Comment

Q&A: Which day of the month should I refinance?

by ILPeoplesAction Question by Brian B: Which day of the month should I refinance? Does it matter what day of the month you close on a refinance loan? I just paid my mortgage payment for the month of March. However, … Continue reading

Posted in Q&A | Tagged , , | 1 Comment

Q&A: Does it make sense to refinance my home now?

Question by vjustice4all: Does it make sense to refinance my home now? I just purchased a home in december 2008. My purchase price was 224,000 with a fixed loan at 6.75 interest rate. Seeing that the interest rates are going … Continue reading

Posted in Q&A | Tagged , , | 1 Comment

Q&A: will a bank refinance a house that is on the mls?

Question by howsguy: will a bank refinance a house that is on the mls? I am trying to sell my house. If I decide to keep it and refinance the mortgage. will a bank be ok with that? Best answer: … Continue reading

Posted in Q&A | Tagged , , | 4 Comments

Q&A: tax question – refinanced my mortgage with a different lender. i paid a point on original refinance?

by woodleywonderworks Question by Mark: tax question – refinanced my mortgage with a different lender. i paid a point on original refinance? about 2700 dollars. when i refinanced again with a different lender i didnt pay any points. can i … Continue reading

Posted in Q&A | Tagged , , , , , , , , | Leave a comment

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

Posted in Q&A | Tagged , , , , | 4 Comments

Should I refinance from an ARM if my rate will increase?

Question by Abigail: Should I refinance from an ARM if my rate will increase? I currently have an ARM mortgage with a rate of 3.125%. I am considering refinancing to a 30 year fixed with a 3.875% rate. Is this … Continue reading

Posted in Q&A | Tagged , , , , | 7 Comments