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You will make up the payments in the refinancing deal--check with your current mortgage company. Hopefully, you have some equity that will cover this and the cost of refinancing.

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18y ago

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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 soon can you refinance a mortgage after purchasing a home?

You can typically refinance a mortgage after purchasing a home once you have made at least six on-time payments on your current mortgage.


How soon can you refinance after purchasing a home?

You can typically refinance your home after purchasing it once you have made a few mortgage payments, usually around six months to a year.


How can I refinance my home to potentially lower my monthly mortgage payments?

To potentially lower your monthly mortgage payments, you can refinance your home by applying for a new loan with better terms, such as a lower interest rate or longer repayment period. This can help reduce your monthly payments and save you money over time.


Where can one get help with their mortgage payment?

You might be able to refinance your home. This means lower mortgage payments every month. There are some programs like Home Affordable Refinance Program (HARP) that can help you refinance if you can't due to a low value of your home.


How soon can I refinance after purchasing a home?

You can typically refinance your home after purchasing it once you have made at least six mortgage payments. However, it's important to consider factors like interest rates and closing costs before deciding to refinance.


How can I refinance my home without equity?

To refinance your home without equity, you can explore options such as a cash-out refinance, a home equity loan, or a government-backed program like the FHA Streamline Refinance. These options may allow you to refinance your mortgage even if you don't have significant equity in your home.


What are some lenders that offer home loans?

I heard Ditech offers low mortgage rates on purchase or refinance home loans, your payments won't change after you refinance or buy a home, no matter how much rates fluctuate.


Could you lose your home if you are behind on payments and your car rolls down hill into it?

Of course YOU WILL LOOSE YOUR HOUSE IF YOUR BEHIND ON PAYMENTS.


Can you refinance the home you own to pay down on a new construction?

Yes if you have the equity, but of course, effects payments & the amt you owe.


How does one qualify for a mortgage refinance loan through the Bank of America?

To qualify for a mortgage refinance loan through the Bank of America you must have at least 5% equity in your home. You must also be current on your home loan payments.


Can a lender foreclose on a property even if the mortgage payments have been kept current?

No but if a home owner is behind on payments and needs a loan mod or short sale approval, proof is available at RestReport.com