answersLogoWhite

0

Of course they can, provided that your credit situation doesn't prevent banks from wanting to refinance your loan.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What types of mortgages are available for homebuyers?

The main types of mortgages available for homebuyers are fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans.


What are the different types of mortgage loans available?

The different types of mortgage loans available include fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans.


What kind of mortgages does Countrywide offer?

The types of mortgages that Countrywide offers are primarily home purchase loans, home refinance loans and home equity. They offer fixed rate loans and adjustable rate mortgages.


What types of loans are available from Quicken?

Quicken Loans offers many types of mortgage loans. Among them are 10, 15, 20, 25, and 30-year fixed-rate mortgages, adjustable rate mortgages, VA and FHA loans.


What are some examples of variable rate loans and how do they differ from fixed rate loans?

Variable rate loans, such as adjustable-rate mortgages and variable-rate student loans, have interest rates that can change over time based on market conditions. This means that the monthly payments can fluctuate. In contrast, fixed rate loans, like fixed-rate mortgages and fixed-rate personal loans, have interest rates that remain the same for the entire loan term, providing predictability in monthly payments.


What are the different types of mortgage loans?

The different types of mortgage loans include Fixed Rate, One Year Adjustable, 10/1 Adjustable Rates, 2-Step, Balloon, 3/3 and 3/1 Adjustable Rates, 5/25 and 5/5 and 5/1 Adjustable Rate Mortgages. You can get more information about these types of mortgages online at the Mortgage Calculator Organization website.


What are the different options available for home loans repayment?

The different options available for home loan repayment include fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, and balloon mortgages. Fixed-rate mortgages have a stable interest rate throughout the loan term, while adjustable-rate mortgages have rates that can change over time. Interest-only mortgages allow you to pay only the interest for a certain period, and balloon mortgages require a large final payment at the end of the loan term.


What are adjustable rate loans commonly used for?

Adjustable-rate loans are commonly used for mortgages. These loans are also referred to as "variable-rate loans" because the interest rate for the loan can change.


What services do Aurora Home Mortgage offer?

Aurora Home Mortgage offers services pertaining to home mortgages. They offer adjustable rate mortgages and fixed rate loans which are available in twenty, thirty, and forty year terms.


Does Household Finance offer low-rate mortgages?

"Household Finance Bank does offer low rate mortgages. Loans are available for home or business in several ways depending on one's preference. Fixed, adjustable,first time home buyers and VA loans are all available."


What are the options for homeowner loans?

The two main types of homeowner loans are fixed rate and adjustable rate mortgages. Fixed rate loans stay at the same interest rate for the duration of the loan while adjustable rate loans fluxuate with the economy and federal interest rate. There are many other types of loans within those two categories, all varying in number of years, type of property they're meant for, etc.


What is the home refinance rate in California?

The current refinance rate for a 15 year fixed loan in California is 3.75%. For a 30 year fixed loan, the current rate is 4.41%. The options available in California include fixed-rate mortgages, adjustable-rate mortgages, home equity loans, and home equity lines of credit.