Home Equity and Refinancing
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Can you refinance your house after one month?


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2006-07-10 17:25:31
2006-07-10 17:25:31

Yes, but there are a few questions that need to be asked before you do this-- Why are you doing this as they are closing costs to address--ones you just paid and the new ones?? Is there a termination fee or pre-payment penalty that has to be paid? Will the new lender use a new appraisal (if there is one- assuming you want cash out)or will they want to use the sales price? Most lenders want seasoning--meaning time in the house before a refinance is done. If you had work done on the house, you will have to prove it by specific receipts not just by a balance on a credit card. As you will have to prove that the credit card was not used for anything else but the house. Ask the lender questions first, before you start applying to make sure they can do what you are asking for.


Related Questions

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.

An individual can get a refinance mortgage on their house by applying from one. Not everyone would be accepted though because their are some qualifications.

Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.

There are a variety of places where one can purchase affordable refinance for one's house. The best way to find the lowest rate is to contact multiple lenders for an estimate.

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.

There are many ways a home owner can refinance their home. Some easy routes would be to go to their primary bank and checking to see if that option is available.

If the house has a mortgage then you have to refinance. If the house is all paid off then you can go to a lawyer and have the name removed from the deed.

One can refinance Northern Rock personal loans at any bank he or she trusts. One only needs to be a customer at this bank and can refinance any loans he or she desires to refinance.

You can go online to the website called "lendingtree" to start a house loan refinance. You can connect with their lenders offering a wide range of home loans. You can also check out their guide to refinancing on their website.

There are many ways one can refinance a car loan with Capital One. One can refinance a car loan with Capital One by applying at the official Capital One website.

One could refinance their mortgage when the interest rate decreases. However, one must also think the amount they have to pay to refinance their mortgage.

One can refinance interest only mortgages through various means. GuideToLenders offers advice on which mortgages to refinance. It's recommended to only refinance your mortgage once.

The best time to refinance your home's mortgage is when you believe that you have paid enough on your current mortgage to try to haggle for a lower rate. Usually several years.

One can find a mortgage refinance lender in Detroit by going to websites such as Zillow. On websites such as these one will find a list of mortgage refinance lenders.

If the wife does not have her name on the morgage can the husband throw her out of the house with nothing ?

No you cannot.! my experience was that we had to take the house off the market before we could get an appraisal and a new refinance of our mortgage. also just fyi one party cannot get a mortgage on a second property either at that time. such as during a divorce. not until refinance is complete. this was nebraska.

One can refinance their loans in California in a variety of ways. One can research the topic on sites such as Quicken Loans, Zillow, California Harp Refinance, and Bank Rate.

One can refinance their mortgage through their local banks or credit unions. One can also refinance their mortgage through the help of websites, run by companies such as Lending Tree and Quicken Loans.

There is a myth surrounding the idea of "No Cost Refinance." The Forbes website notes that there are always costs associated when one chooses to refinance.

One can refinance their auto loan at any bank. One simply has to apply for an auto refinance loan. It is important to compare all of the available options; that way a lot of money can be saved.

One can find companies that will refinance a home mortgage online. One may also be able to find companies locally that would have the ability to refinance ones home.

FHA refinance allows for the purchase or refinance of a home. You can find information on FHA refinance though local real estate agents or your local library.

"There are many VA refinance options. You may refinance your VA mortgage for a lower rate, you may cash out, or you may refinance your current mortgage to a VA mortgage if you qualify for one."

If somebody is looking to refinance their mortgage the first thing they should look at is how much they can afford to pay per month. Secondly, they should look at any fees involved with the refinance process.

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