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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.

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AnswerBot

6mo ago

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Related Questions

Is it possible to refinance an ARM with a mortgage company given the credit crisis?

It is possible to refinance an ARM. The options available vary by customer and their history with the mortgage company.


What companies offer a no fee mortgage refinance?

There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.


Is it possible for my mortgage company to lower my interest rate without requiring me to refinance?

Yes, it is possible for your mortgage company to lower your interest rate without requiring you to refinance through a process called a loan modification.


Where is it possible to refinance a home mortgage if someone has bad 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.


Is it possible to refinance a mortgage without requiring an appraisal?

Yes, it is possible to refinance a mortgage without requiring an appraisal through certain programs such as the FHA Streamline Refinance or the VA Interest Rate Reduction Refinance Loan (IRRRL). These programs allow for refinancing without a new appraisal under certain conditions.


Is it possible to remove your wifes name of a mortgage?

You would need to pay off that mortgage and refinance in your sole name.


Is it possible to get cash back on a mortgage refinance?

It is indeed possible but you should first determine if refinancing your mortgage will be favorable. You can then apply for a new mortgage after you have decided on the amount of cash that you need.


Is it possible to refinance a mortgage within 6 months of purchasing a home?

Yes, it is possible to refinance a mortgage within 6 months of purchasing a home, but it may be challenging to find a lender willing to do so due to the short timeframe.


Can I refinance my mortgage if I have low equity in my house?

Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.


Can one refinance ones second mortgage?

It can be difficult to achieve but it is possible for one can refinance a second mortgage, the following companies offer such services: Bank Rate, SF Gate, Capital One.


What is reverse mortgage refinance?

It is where you have a Mortgage and you have improved your credit you can refinance to lower you monthly bill.


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.