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Is It Possible To Refinance A 2nd Mortgage, And Not Touch The 1st?

Question by Christine L | Posted in Renting & Real Estate

I have a serious fixed rate on my first mortgage 4 3/4%, however I am paying about 11% on my instant. Are there any companies out there that will refinance only the 2nd? And how does equity come into play with this, the CA protection market is not that

Answer: yes you can. Unprejudiced apply to refinance your second mortgage only. Shop on this site for low rate and fee.

http://www.amerisave.com/fellow-dancer/chongth ong

 
 

Is It Possible To Refinance My 2nd Mortgage And Leave My 1st Alone?

Question by mcoopd1 | Posted in Personal Finance

I ask this because most lender said I have to refinance my 1st in sort to pay off my 2nd, but if I do that because of my low credit score my interest will go way up and it will double what I am paying now. Is there a solution?

Answer: Like I said yesterday. FHA home loan. I'm a mortgage broker, I work for Summit Matchless Lending. The women on the other question who refinanced her second is an idiot. Even if you're first goes up some what you'll still end up paying much more with a

 
 

Can You Refinance A 1st Mortgage And 2nd Mortgage Without Equity?

Question by No Equity | Posted in Renting & Real Estate

I own a fix family property in IL. I have a 1st mortgage that was 100% LTV that was used to purchase the well-informed in and a 2nd mortgage that is a 120% LTV that was used to consolidate debt. The value of the accessible is about $40,000 short of

Answer: you would have to bring into being equity by putting up the the differance plus probably a bit down as well, looks like that would be a bit of a husky sum

 
 

Is It Possible For Me To Refinance My 2nd Mortgage And Leave My 1st Alone?

Question by mcoopd1 | Posted in Renting & Real Estate

I ask this because most lender said I have to refinance my 1st in instruction to pay off my 2nd, but if I do that because of my low credit score my interest will go way up and it will double what I am paying now. Is there a solution?

Answer: Try booming to a credit union. They usually have very competitive rates and most often give better service to small loans.

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Refinance A Traditional Mortgage And 2nd Mortgage?

Question by math whiz | Posted in Personal Finance

Can I refinance my 2 loans together. I have a standard and a 2nd. Should I just refi one or the other?

Answer: This depends on a few things.

Is the combined credit balance less than 80% of your homes market value?

Is your ascribe as good or better than when you took out the loans?

After you figure in all the additional

Related Topics:

Mortgage Refinance Debt Consolidation
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