Q&A
Asked by caleb.mcel
Answered by Daniel Munoz
Mortgage Professional in Plano, TX
Mortgage Professional in Plano, TX
It is absolutely worth considering especially
if your loan was originated before late 2015!
Q&A
Asked by cookhelen944
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi cookhelen944
I am not a proponent of
debt refinancing that creates more debt. Our
group focuses on equity financing and living
within the created cash flows.
...
Q&A
Asked by sabrina
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Sabrina Cook.
Are you the only one
currently on the mortgage? Discus this with
your current mortgage holder. Also, discuss
this with your legal advisor. Some state...
Q&A
Asked by whaynes52
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
The HARP program was established to help
homeowners with underwater mortgages, you can
read more about that here. Are you looking for
a refinance loan, or some other t...
Q&A
Asked by Harvey2635
Answered by Sean Balcom
Sr. Homelending Manager/AVP of Sales in Northville, MI
Sr. Homelending Manager/AVP of Sales in Northville, MI
Yes, you can just replace that HELOC with a
new HELOC or get a Mortgage. You could also
replace it with a mortgage and a smaller
HELOC.
Q&A
Asked by thomas0076
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Have you considered refinancing? You may end
up paying more in interest but be able to
lower your payment, speak to a mortgage
specialist by searching (look for the
ma...
Q&A
Asked by martir1972
Answered by Sean Balcom
Sr. Homelending Manager/AVP of Sales in Northville, MI
Sr. Homelending Manager/AVP of Sales in Northville, MI
You can possibly get a fixed rate 15 year loan
at least 1.25% lower than what you pay now.
If you plan to stay in the house, you should
look into it.
Q&A
Asked by James
Hi James. Your best bet for financing would
be to talk to a local community bank that
holds their loans in-house in their own
portfolio. There may be some financing
...
Q&A
Asked by Neolia R
You can combine your first and second mortgage
into one new mortgage, but there a few factors
you would need to consider. You would have to
check the current rates on...
Q&A
Asked by Barbara
D
Answered by Dennis.Hearing
You can also refinance AND get the money to do
the repairs and upgrades all in one loan. It
is called a refi-reno. There is an FHA version
and a conventional version. ...
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