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This is the decision of the bank.

But it is very likely as a judgment is a black mark on your record.

It is also likely if you have good credit otherwise and the refinance is to pay off the judgment it will not hurt your chances.

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12y ago

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Can you refinance your home loan even if its got a judgment?

The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.


How long do I have to wait after closing on a home before I can refinance?

You typically need to wait at least six months after closing on a home before you can refinance.


Can you refinance if you have done a cash out refinance before?

As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.


Can I refinance my home with a judgment?

Yes, you can refinance your home with a judgment, but it may complicate the process. Lenders typically require a clear title, and a judgment can affect your creditworthiness and the equity in your home. It's advisable to first address the judgment, possibly by negotiating a settlement or payment plan, to improve your chances of refinancing successfully. Always consult with a financial advisor or mortgage professional for tailored guidance.


How soon can we refinance our home?

You can typically refinance your home after owning it for at least six months, but it's important to consider factors like your credit score, equity in the home, and current interest rates before deciding to refinance.

Related Questions

Can you refinance your home loan even if its got a judgment?

The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.


How long do I have to wait after closing on a home before I can refinance?

You typically need to wait at least six months after closing on a home before you can refinance.


Can you refinance if you have done a cash out refinance before?

As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.


What is the results of having a judgment lien put against your home in Louisiana?

When you sell or refinance they get paid


Can I refinance my home with a judgment?

Yes, you can refinance your home with a judgment, but it may complicate the process. Lenders typically require a clear title, and a judgment can affect your creditworthiness and the equity in your home. It's advisable to first address the judgment, possibly by negotiating a settlement or payment plan, to improve your chances of refinancing successfully. Always consult with a financial advisor or mortgage professional for tailored guidance.


If someone owes money for a judgment can it be temporarily suspended so the debtor can refinance a home to pay the debt?

No, the judgment is a court order and must be paid in full or to the satisfaction of the judgment holder.


If you have available equity in your home at the time of purchase how long in Texas do you have to wait to get a home equity loan and are there any negatives in doing so?

In Texas you can only borrow up to 80% of the appraised value of your home in a home equity loan. The Texas Constitution states that you must wait 1 year before you can refinance a home loan.


How soon can we refinance our home?

You can typically refinance your home after owning it for at least six months, but it's important to consider factors like your credit score, equity in the home, and current interest rates before deciding to refinance.


How soon can you refinance a home after purchase?

You can typically refinance a home after purchase as soon as six months, but it's important to consider factors like your credit score, equity in the home, and current interest rates before deciding to refinance.


How soon can you refinance after buying a home?

You can typically refinance your home as soon as six months after buying it, but it's important to consider factors like interest rates and closing costs before deciding to refinance.


What information is needed before one can refinance their home?

There is much information needed before one can refinance one's home. One needs to know who will handle the refinancing and what one will do with the additional savings.


How long do I have to wait before I can refinance my home?

You can typically refinance your home after owning it for at least six months, but it's best to check with your lender for specific requirements.