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Can you refinance after modification

Updated: 8/21/2019
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Q: Can you refinance after modification
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Where do I apply for a home loan modification refinance?

You need to contact your current mortgage lender to apply for this type of refinance. Since it is only a modification of a current loan, they will need to be the ones you go through.


What are loan modification loans?

Loan modification leads are names and numbers of people who have loans on their homes that they want to refinance. These are useful to banks so they can call people and make money.


Where can one refinance with poor credit?

Avenues to explore for refinancing with bad credit include the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP). Mortgages have been known to be brought down to 2.4% in some cases through these programs.


If you have a fannie Mae Mortgage with PMI can you take advantage of a refinance or modification to your mortgage through Obama's new relief bill?

Yes all Fannie Mae loans with enough persisitance can be modified.


Can I remove my ex-wife's name from my mortgage deed and loan through a loan modification?

No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.No. Her name can only be removed via a refinance.


If someone is the executor of estate and wants to do a modification on a loan they are not on is that an option?

The decision to allow the executor to modify an existing mortgage is up to the lender. The executor could refinance the property with a new mortgage if allowed by the court.


How can I refinance my home loan to prevent default?

You should first consult with you bank to see if you qualify for a loan modification. If this is not available you should find a licensed mortgage broker in your area to find private financing.


Can you get title insurance on a modified note?

Yes, title companies will insure a Mortgage Modification. Basically, new loan docs will be drawn by the lender, reflecting the new loan amount and terms. The transaction is executed the same as a refinance.


Where can someone find a place for a mortgage if they have a bad credit score?

The best place for someone to get a mortgage with bad credit is from a government program. These programs include Home Affordable Refinance Program and Home Affordable Modification Program.


Can you refinance your car?

Yes you can refinance a car.


Is the california refinance rate higher than illinois' refinance rate?

The California refinance rate is higher than the Illinois' refinance rate. California's refinance rate is 4.375. These facts are according an online source.


How soon could you refinance after you purchase a car?

As long as your current loan shows on your credit and can be accessed by the refinance company, you can refinance anytime. There is no set time to refinance.