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Can you refinance your mortgage with a different lender?
Yes, you can refinance your mortgage with a different lender by applying for a new loan to pay off your existing mortgage.
Where can one find a mortgage refinance lender in Detroit?
One can find a mortgage refinance lender in Detroit by going to websites such as Zillow. On websites such as these one will find a list of mortgage refinance lenders.
Can you refinance two mortgages on one property?
Yes you can. But when you refinance your 2nd mortgage you have to inform your 1st lender and 2nd lender both.
How can you get out of a reverse mortgage?
You can refinance out of a reverse mortgage at any time, there is no prepayment penalty. you can also sell whenever you want and move. Any equity remaining will be yours to keep. If there is negative equity in the home you can turn it over to the lender and will not face personal recourse against you or your assets provided the reverse mortgage is a HECM reverse mortgage insured by FHA- most are.
Where can one find information on what it means to refinance a second mortgage?
You can find information on what it means to refinance a 2nd mortgage from your potential mortgage lender. Alternatively you can try money blogs and forums.
Do you need to have a separation agreement to refinance a mortgage in your name?
You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.
Can you refinance your mortgage with a different lender?
Yes, you can refinance your mortgage with a different lender by applying for a new loan to pay off your existing mortgage.
Where can one find a mortgage refinance lender in Detroit?
One can find a mortgage refinance lender in Detroit by going to websites such as Zillow. On websites such as these one will find a list of mortgage refinance lenders.
Where can I find a remortgage lender?
low home loan mortgage interest rates from hundreds of mortgage ... refinance, mortgage rate, refinance news and calculator, and mortgage lender directory.
What if reverse mortgage holder gets married?
The marriage is no problem, however the new spouse is not protected in the reverse mortgage unless a refinance is done into both of their names. As a result if the borrower passes away the new spouse will have 6 months to sell the property or refinance it... or to turn it over to the lender.
Can you refinance two mortgages on one property?
Yes you can. But when you refinance your 2nd mortgage you have to inform your 1st lender and 2nd lender both.
How can you get out of a reverse mortgage?
You can refinance out of a reverse mortgage at any time, there is no prepayment penalty. you can also sell whenever you want and move. Any equity remaining will be yours to keep. If there is negative equity in the home you can turn it over to the lender and will not face personal recourse against you or your assets provided the reverse mortgage is a HECM reverse mortgage insured by FHA- most are.
What happens to the land in a reverse mortgage contract?
In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.
How does no cost mortgage refinance work?
No-cost mortgage refinance refers to a situation where a borrower pays no closing costs on a mortgage that is refinanced. Typically, this is done because the new lender will pay the original lender the closing costs, and will still make a profit at the lower mortgage rate.
Where can one find information on what it means to refinance a second mortgage?
You can find information on what it means to refinance a 2nd mortgage from your potential mortgage lender. Alternatively you can try money blogs and forums.
How does refinancing primary mortgage affect a home equity line of credit?
The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.The lender for the refinance will require the home equity lender execute a subordination to the new mortgage. Also, the balance due on the home equity mortgage will factor into whether the new lender rates you as a good risk for loaning more money.
How soon can you refinance a mortgage after closing?
You can typically refinance a mortgage after closing within 6 months to a year, but it's important to check with your lender for specific guidelines and requirements.
