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What company could you use to refinance your house from reverse mortgage?
Wiki User
∙ 10y ago
Sorry we do not understand what you are asking. A bank lends money to finance your purchase of a house - the loan made is secured on the house and is called a mortgage. While the mortgage is not paid off the bank actually own the house and you can not raise more money secured against it without the bank's permission. There is no such thing as a "reverse mortgage".
Wiki User
∙ 10y ago
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Where can someone refinance a mortgage online?
To refinance a mortgage could be done through the different banks. They can also be done through mortgage lenders and brokers. These can be found on line or finance company's on the general high street.
When should one refinance their mortgage?
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.
Where could one find information on how to refinance a home mortgage?
There are several places one could find information on how to refinance a home mortgage. These websites include Smart Money, Bank Rate, Wells Fargo, and Zillow.
When you have a reverse mortgage who is the homeowner?
The borrower on the home remains the homeowner, the reverse mortgage lender will have a lien against the property, just like other mortgages. Your home ownership rights remain the same as before with one exception, that you cannot rent out the home and must keep it as your primary residence. if you move you need to sell the home or refinance it to a forward conventional mortgage or you could be in default of the mortgage agreement.
Where can one learn more about how to refinance a mortgage?
One can learn how to refinance a mortgage from various sources. One could ask local bankers or financial advisors for advice. One could also read various books or websites on the subject.
Where can someone refinance a mortgage online?
To refinance a mortgage could be done through the different banks. They can also be done through mortgage lenders and brokers. These can be found on line or finance company's on the general high street.
When should one refinance their mortgage?
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.
What are some tips that could benefit people looking to refinance their homes?
When someone wants to refinance their homes, one should talk to their mortgage company, financial banking expert for more tips, one might use the mortgage calculator as well.
Where would one get a lead for a mortgage refinance on a home?
One could get a lead for a mortgage refinance on a home by simply going to their local bank and discussing the situation with them. There are also many sites for mortgage refinancing.
What is a reverse mortgage counselor?
A reverse mortgage counselor is there for you if you need advice or help. What you need to do is get in contact with your mortgage company and ask to speak with a counselor. They will be able to direct you to the correct person to speak with.
Where could one find information on how to refinance a home mortgage?
There are several places one could find information on how to refinance a home mortgage. These websites include Smart Money, Bank Rate, Wells Fargo, and Zillow.
When you have a reverse mortgage who is the homeowner?
The borrower on the home remains the homeowner, the reverse mortgage lender will have a lien against the property, just like other mortgages. Your home ownership rights remain the same as before with one exception, that you cannot rent out the home and must keep it as your primary residence. if you move you need to sell the home or refinance it to a forward conventional mortgage or you could be in default of the mortgage agreement.
Can you refinance while mortgage in on the market?
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.
What are some options for a business to finance a commercial building?
There are many options for a business to refinance, you could take a second mortgage or refinance the one you have.
Where can one learn more about how to refinance a mortgage?
One can learn how to refinance a mortgage from various sources. One could ask local bankers or financial advisors for advice. One could also read various books or websites on the subject.
What are some expert tips regarding how to lower your mortgage?
There are many tips that one could give in order to lower one's mortgage payment. The best way that one could lower one's mortgage payment could be to refinance the mortgage.
Where could mortgage refinance with no closing costs be found?
You can normally refinance your mortgage with no closing fee if you can manage to renegotiate a mortgage with your existing lender. Otherwise, you can try asking in forums for the latest deals and reading blogs. Review sites are also helpful.
