First, owning two single family properties instead of one will not benefit either of you. That being said, I assume that you wish to pull equity out of your primary residence and use it as a down payment on the second. Refinance the first house with a cash out option. Your mortgage payments will increase as a result of the larger mortgage balance outstanding. Next take that cash plus savings and put down 1/3 on the new house. Take out a traditional mortgage for the second house.
Above all, have a signed agreement between the two of you regarding the disposal of either house should one person die or wish to sell.
My best advice is to save the marriage.
Yes, if the lenders sells your loan to another lender. If you refinance -- No.
You ca refinance your auto with a better interest rate at www.carbuyingtips.com/refinance.htm. Another good site is www.creditprovider.com/auto-refinance-basics.asp
You may refinance any time that the refinance improves your financial situation. If you are interested in a no obligation - free detailed analysis - of your situation, please contact me. I am an FHA specialist.
From another what.
You may refinance your loan to get a lower interest rate. Another reason you may want to refinance is to get some equity out of the home in order to upgrade or make repairs.
The substances in a(n) mixture can be physically separated from one another.
If you refinance a car another down payment is usually not required. I refinanced a car to lower to payments and it added another year to the payoff date of the car. I wasn't required to give a down payment.
This depends on your home loan status but it is often best to refinance as it requires minimum impact credit by replacing one loan with another. Another option is to short sell (selling your home at a loss).
Generally, yes, it is permissible to refinance your first home to get the cash to buy another. Finance companies are not as generous with the money as they were two years ago. And you must disclose your plans for the money during refinancing.
One can compare refinance companies by visiting their local certified public accountant. Another way to compare them is online using one of the many comparison websites.