Tag Archives: Value

Some people talk about pulling $$$ out of a home after it increases in value with a refinance.How does it work

by truliavisuals Question by Need Help With “?” & A: Some people talk about pulling $ $ $ out of a home after it increases in value with a refinance.How does it work Ok Guys, Im new to this whole … Continue reading

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How to refinance when your loan is higher than your home’s value?

by truliavisuals Question by amdollar: How to refinance when your loan is higher than your home’s value? In this day of recession and economic downturn with no upside, all I hear is that people should refinance now. An example: If … Continue reading

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Q&A: Is it possible to refinance FHA to conventional if house value has decreased a bit?

by truliavisuals Question by Dom: Is it possible to refinance FHA to conventional if house value has decreased a bit? I have a FHA loan on a house we bought for $ 173,000 paying a 5.25% rate. Now rates are … Continue reading

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Any way to refinance 2 mortgages in to one if the balance of your loans exceeds the value of your home?

by justin Question by justjen: Any way to refinance 2 mortgages in to one if the balance of your loans exceeds the value of your home? We have 2 loans- (30 years fixed at 7% and 15 year Balloon at … Continue reading

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I am paying PMI on my mortgage. If my home value reaches 20% in less than a year can I refinance out of PMI?

Question by questions: I am paying PMI on my mortgage. If my home value reaches 20% in less than a year can I refinance out of PMI? I am a 1st time buyer / new home owner who hasn’t even … Continue reading

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Refinance: mortgage is 280K property value is only 230K. Do you know anyone who can refinance this?

Question by i w: Refinance: mortgage is 280K property value is only 230K. Do you know anyone who can refinance this? The mortgage resets in another 2 months and the payment will go up about $ 500. Is their any … 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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Am I required by law to get a property value assessment when refinancing my mortgage?

Question by Masters: Am I required by law to get a property value assessment when refinancing my mortgage? The situation is that I had been working with a mortgage broker for about 3 months, of trying to get my refinance … Continue reading

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How can I refinance my mortgage when the existing loan in greater than 90% of the value?

by justin Question by pine_acres: How can I refinance my mortgage when the existing loan in greater than 90% of the value? It doesn’t seem lower interest rates do the majority of people any good, as mortgages already greater than … Continue reading

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Q&A: When refinancing, are you refinancing the balance of current mortgage or the value of the home?

by ghwpix Question by katlover: When refinancing, are you refinancing the balance of current mortgage or the value of the home? I’m considering refinancing but am a little confused about the process. I cant figure out if I would be … Continue reading

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