Question by God is love: I was approve for a new mortgage along with my existing morgtage on my older home. How soon can i refinance?
They approved me for a mortgage with my existing home, I want to refinance my old home once closing is finished. How long should i wait? should i go with the lender who finance my new home or go with a new lender. I only owe 14000.00. Selling is not an option right now because of the market.
Answer by falsi fiable
You will unlikely find any lender who will refinance a $ 14,000 mortgage. The fees alone make refinancing a terrible deal for you.
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