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Can an equity loan be refinanced?

Updated: 8/18/2019
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11y ago

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no i do not think so

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11y ago
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Q: Can an equity loan be refinanced?
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Related questions

How can one remove a cosigner from an equity loan if the cosigner is not on the first mortgage title?

The title has nothing to do with the loan. The loan will need to be refinanced using a different cosigner or only the primary borrowers.


How to get a spouse off a car loan?

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How do you add a name to a loan?

The original loan would need to be refinanced.


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


Can a lien be temporarily lifted and then reinstated?

Yes, if the lienholder agrees to lift it. It is commonly called a postponement or subordination. This is very common in fact. If a person buys a home with a mortgage, that mortgage is a first lien. If the owner then takes out a home equity loan, that is a second lien because it was placed on the property after the first mortgage lien. Next, if that person refinanced the first mortgage, the new loan would pay off the first, eliminating it and giving the home equity loan the first position. The new loan would be in second position because it comes after the home equity loan. But the refinancing company would not agree to the refinance unless the home equity bank agreed to postpone or subordinate its the second lien and let the new refinanced loan become the first lien. The home equity bank would sign a document agreeing to allow the refincing bank get into first place. The home equity loan would then drop back into second place just as it had been before. In a sense the home equity lien has been lifted then reinstated. So it can be done but only with the lienholder's consent.


Can you get a personal loan attached to a new home loan?

If you have equity, you can get an equity loan


Can a home equity loan be used for a downpayment on another home?

A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. There is no restriction on how we can use the money from Home Equity Loan.


A home equity loan is a lump-sum second mortgage loan made on the available equity in a home?

True, home equity loan.


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 you get off a loan you co signed for but you are not on the title?

Not unless it's refinanced.