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Can a home be refinanced for more than the current loan amount?
Wiki User
∙ 18y ago
Depending on your credit score you can refinance up to 100% of the appraised value of your home. In fact, there are some lenders who will allow you to borrow up to 125% of the value, if you have a credit score about 720.
Wiki User
∙ 18y ago
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How is repayment structured on auto loan refinance?
When an auto loan is refinanced, repayment is structured depending on the amount outstanding on the loan and the amount of months left to repay at time of refinancing. This may enable a person to save extra money by lowering the cost of the loan payments.
Is your ex husband responsible for a mortgage refinanced?
Responsibilty and ownership rights in the home is different from rights and responsibilities for the loan. Anyone who signed the loan note is responsible for the monetary debt.
Can you combine home auto and credit card debt into one loan?
Yes..that is called a "cash-out" refinance or consolidation loan. The Lender will base your loan amount on the current value of your home. Of course you will have to qualify for the new mortgage payment.
How soon can a car loan be refinanced?
As soon as you can find a lender willing to loan money on the collateral.
Can you switch the cosigner to the primary?
Yes, you can switch the cosigner to the primary on a loan. The way to do this is to have the loan refinanced.
What did the home owners' loan corporation do?
Refinanced people's home loans at lower interest rates
How to get a spouse off a car loan?
The loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one name
How do you add a name to a loan?
The original loan would need to be refinanced.
Can an equity loan be refinanced?
no i do not think so
How is repayment structured on auto loan refinance?
When an auto loan is refinanced, repayment is structured depending on the amount outstanding on the loan and the amount of months left to repay at time of refinancing. This may enable a person to save extra money by lowering the cost of the loan payments.
Can a Va Loan be refinanced?
Yes, VA loans can be refinanced. Many companies do this. More information can be found at the website www.valoans.com/va_refinance.cfm. any loan can be refinanced including a V A loan,for more imformation on refinancing loans contact your local V A office
Is your ex husband responsible for a mortgage refinanced?
Responsibilty and ownership rights in the home is different from rights and responsibilities for the loan. Anyone who signed the loan note is responsible for the monetary debt.
Can you combine home auto and credit card debt into one loan?
Yes..that is called a "cash-out" refinance or consolidation loan. The Lender will base your loan amount on the current value of your home. Of course you will have to qualify for the new mortgage payment.
Can you switch the cosigner to the primary?
Yes, you can switch the cosigner to the primary on a loan. The way to do this is to have the loan refinanced.
How can a cosigner be removed from the loan?
The only option is for the loan to be refinanced without the particpation of the present cosigner.
How soon can a car loan be refinanced?
As soon as you can find a lender willing to loan money on the collateral.
Can a co-signer be relieved of responsibility on a home loan after a period of time?
No. A cosigner promises that the will be obligated for the debt incurred if the primary borrower defaults. The only way to be removed is by having the loan refinanced.
