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Some of the features of the Refi home loan are very advantageous to people. They include being able to find a better deal on interest rates. As well, the application process is generally quicker.
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Would refinancing my auto loan be a good idea if I can not afford the payments/?
Refi of an auto loan can help to lower montly payments. You can get a lower rate if you refi with a lower interest rate.
What rate can I get for refinancing my home Have good FICA and good credit.?
Ask for a mortgage loan officer referral from your realtor or banker in your area. They will be your best source of refi info.
Is there any way to remove a co-borrower's name from the loan if he doesn't live in the house or pay for the house?
The only way is to refi them off of the loan.
How can you get your name off a loan when you're divorced and signed a quit claim deed?
You would have to refi to get your name off of the mortgage.
If you did a loan modification on your mortgage do you qualify for the first time homeowner tax credit?
No, the tax credit only applies if you purchase your first home in the specified time period. A refi or modification would not count as a purchase.
What is the impact of using an equity loan to increase the size of a home on refinancing both the equity loan and first mortgage?
You can get a subject to appraisal which I get for rehab loans in my area. This kind of appraisal will tell you the future value of your property after the work is done. This tells you if it is a good idea or not. If the value is going to increase a lot then it will be easy to refi your home or you can go with the above rehab loan and it is a construction [ rehab ] permanent loan. It becomes a permenent loan upon completion. see my bio if you have any questions.
What are the key features of a HUD reverse mortgage?
There are a few key features to HUD (U.S. Department of Housing and Urban Development) reverse mortgage. It is a special type of home loan that differs by allowing borrowers to not have to repay the loan until they no longer use the home as their main residence.
Where do i go to refinance a mortgage loan in va?
To refinance a mortgage, you can go to your bank or any other bank and apply for a REFI loan. You can also visit a site like lendingtree.com and apply there for the best available rate.
Where can an online equity loan be obtained?
The downs financial Inc site is the best online source to obtain a equity loan through the internet. This site features home loan experts and the ability to talk to a loan officer for assistance.
Who can refi a home loan with credit scores 0f 516 and 518?
You can start by going to http://freehomerefi.com They work with all credit scores and offer home mortgage refinancing with no fees and no points. They are not the lender but they work to find a lender that can help you with your situation. I hope this information is helpful. You are probably looking for an FHA loan. Many companies charge you when doing an FHA mortgage but this company does not charge anything!
Can you refinance your house after being dismissed from chapter 13?
Do you mean dismissed?? or discharged?? Dismissed--you didn't do the bankruptcy and there are credit problems. You could possibly refi depending on your scores--You will need scores 500 and above and EQUITY in the property in order to refinance. Most times if the lender will refi--it is usually at 75% LTV (loan to value). In other words, the lender will only use up to 75% of the value--no more. Discharged-- usually it takes 2 years before a lender will refi the loan. Although again there are lenders that will depending on scores, downpayment money and the explanation as to what happened.
How do you turn a loan into what is considered cash for a foreclosed purchase?
This is a very broad question. Here are a couple of general answers. First you can refinance the home after it has been purchased for a "refi-cash out" loan. Equity in the home can be given to you up front and you just finance the upfront money it into your home loan. This is also done as a second and third lien on your mortgage. There are many loan guidelines for this to happen. You will need lots of equity in the house, along with good credit. Another way is to buy the home, fix it up and sell for a profit. Could be adding more square foot as well. Pretty general. Just be careful of any prepayments you have on the lien.
