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Can you refinance a house that has delinquent payments?

Updated: 8/16/2019
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15y ago

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It is possible to refinance out of loan in which you have made delinquent payments. Only the most experienced Mortgage consultants would be able to lead you through the process.

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15y ago
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Q: Can you refinance a house that has delinquent payments?
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What is the name for payments that were unpaid?

Delinquent.


After buying a house what is the best time refinance house to lower the monthly payment?

The best time is when you can qualify for a rate that will actually reduce your monthly payments enough and make up for the costs associated with the refinance. Often the mortgagors find their payments have not been reduced substantially and when you add the closing costs a refinance is often not profitable. You need to do your own research and your own math.


How can a Delinquent timeshare be reported as a foreclosure?

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Can a vehicle be taken by police for delinquent payment?

Can a vehicle be taken by the police for delinquent payments.


What can you use a a refinance calculator for?

A mortgage calculator can be used to find out if it is worth it to refinance your monthly payments, if it will lower your payments and if you would save on interest and fees. By entering your data you can decide if it is worth it to refinance your home mortgage.


How do people refinance there home loans?

My parents have had to refinance due to the monthly payments being unreasonable for the income. Refinancing is done through the bank. They come out and evaluate how much the house is worth and suggest options on payment.


How do you get your name off 4 wheeler payments?

Refinance the loan.


Is it possible to refinance a car?

Yes, itis possible to refinance your car if your financial situation requires it. If you were to refinance your existing car loan you can substantially lower your monthly payments.


What is the purpose of a car refinance calculator?

The purpose of a car refinance calculator is to help people figure out what the payments will be if they refinance an automobile. It helps to perform the calculations in an easy manner.


What do you have to do to refinance your mortgage?

You have to go to the bank that has the loan on your house. They will have you fill out a bunch of paperwork. After that they will refinance your house.


How can one get a low rate on the mortgage refinance?

There are several ways a person can get a low rate on the mortgage refinance. A person can get a lower rate on their mortgage if they make the payments longer, making the monthly payments be less.


I want to refinance and pay down my existing mortgage by nearly half, in order to make my monthly payments smaller. Can I do this with a "no cost" refinance and not borrowing any money in the refinance?

I think if you can effort for it you can have a refinance without borrowing the money.