This is the decision of the bank.
But it is very likely as a judgment is a black mark on your record.
It is also likely if you have good credit otherwise and the refinance is to pay off the judgment it will not hurt your chances.
The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.
As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.
There is much information needed before one can refinance one's home. One needs to know who will handle the refinancing and what one will do with the additional savings.
There is no set rule on whether or not you should refinance your car loans before or after buying a house. This is your choice.
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.
As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.
When you sell or refinance they get paid
No, the judgment is a court order and must be paid in full or to the satisfaction of the judgment holder.
In Texas you can only borrow up to 80% of the appraised value of your home in a home equity loan. The Texas Constitution states that you must wait 1 year before you can refinance a home loan.
There is much information needed before one can refinance one's home. One needs to know who will handle the refinancing and what one will do with the additional savings.
There is no set rule on whether or not you should refinance your car loans before or after buying a house. This is your choice.
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In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
This is the website that I found most helpful when looking for information on What steps do I need to take to refinance my home here is the website www.bills.com/refinance-my-home/ - Cached
Seven years or until the SOL pertaining to the judgment expires. Many states have domestic judgment SOL's that are 10 or 20 years, and many judgments are renewable. The older the judgment becomes, the less affect it has on the credit score. It will may cause other problems, for example, if the consumer wants to buy or refinance a home and in some cases, a vehicle(s), the lender may require the judgment be paid before approving any loan.
Most mortgage lenders will offer refinance options for consumers. You first may want to compare rates and options on line before contacting them directly.