Yes, it is possible to refinance a home with bad credit or no credit at all. However, it isn't that easy and interest rates are often quite a bit higher than they are for those with great credit.
There are many places a person can go to refinance a home mortgage if they have bad credit. Bad Credit OK and Quicken Loans are two websites a person can use to help refinance their home mortgage.
No, it is not always possible to refinance a mortgage. Factors such as credit score, home equity, and current interest rates can affect eligibility for refinancing.
You can do either, but some credit sources place limitations on the minimum amounts / minimum percentages that they will loan.
One can find information regarding Florida home loan refinance when one goes to the site of bankrate dot com. This site offers tips on how to refinance home loan even though one has bad credit.
If you have really bad credit after an incident or perhaps a divorce, but need to refinance your home you can check out www.badcreditwhiz.com/top10mortgage.html.
This is the website that I found most helpful when looking for information on how to refinance with bad credit. here is the website www.mortgagecreditproblems.com/ - Cached.
No you can not get a home equity line of credit but you can refinance and pay off the chapter 13 with the new mortgage.
If you have no job, no credit and no home, why would you want to burden yourself with debt that cannot possibly repay? Think about your situation!
YES, ALL YOU NEED TO DO IS GET IN TOUCH WITH YOUR BANK AND TELL THEM THAT YOU NEED AN EQUITY LOAN EVEN THOUGH YOU ALREADY HAVE AN HOME EQUITY LINE OF CREDIT AND THEY WILL WORK WITH YOU BECAUSE ITS UNDER THE 4TH RULE IN BANKING, THEY HAVE TO AND DONT LET THEM TELL YOU DIFFERENTLY!
To refinance your home mortgage, you can go to a bank or credit union with the proper paperwork from your original mortgage and ask for refinance. There's usually fees involved, but if you need to, you can.
The short answer is yes you can. Ofcourse it all depends on how bad your credit is.
Yes, it is possible to refinance with bad credit, however you may be dealing with some very high interest rates from hard-equity lenders. There will have to be enough equity in the home and the loan to value ratio that the lender will allow will generally be less than if you were dealing with a more traditional lender.