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Lenders will usually want to know the financial state of the buyers. Only in exceptional circumstances will a seller need to re-finance a house shortly before sale.

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16y ago

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Can you refinance fha loan if your house is for sale?

Many lenders will not offer a loan if the property is actively being marketed for sale. Some require the property to be off the market for 3 months.


Is it better to short sale a house or refinance to get credit in good standing?

It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.


Where can one purchase affordable refinance for your houses?

There are a variety of places where one can purchase affordable refinance for one's house. The best way to find the lowest rate is to contact multiple lenders for an estimate.


How to refinance a house effectively and efficiently?

To refinance a house effectively and efficiently, start by comparing rates from multiple lenders, gathering necessary documents, and improving your credit score if needed. Choose a reputable lender, submit your application promptly, and stay organized throughout the process to ensure a smooth and successful refinance.


What are the steps to refinance a house?

The steps to refinance a house typically involve: 1. Checking your credit score and financial situation. 2. Researching and comparing lenders. 3. Applying for a refinance loan. 4. Providing necessary documentation. 5. Getting an appraisal of your home. 6. Closing on the new loan.

Related Questions

Can you refinance fha loan if your house is for sale?

Many lenders will not offer a loan if the property is actively being marketed for sale. Some require the property to be off the market for 3 months.


Is it better to short sale a house or refinance to get credit in good standing?

It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.It's better to refinance. A short sale will reflect negatively on your credit record.


Can you refinance a home listed for sale?

Some lenders do have programs that allow for a customer to perform a refinance if the house is on the market. You just need to call your local lender to see if they can help you. Another option, might be to work with your real estate agent to take the house off the market long enough to have an appraisal done on the residence SOS it gives it the appearance that the home is not on the market.


Where can one purchase affordable refinance for your houses?

There are a variety of places where one can purchase affordable refinance for one's house. The best way to find the lowest rate is to contact multiple lenders for an estimate.


How to refinance a house effectively and efficiently?

To refinance a house effectively and efficiently, start by comparing rates from multiple lenders, gathering necessary documents, and improving your credit score if needed. Choose a reputable lender, submit your application promptly, and stay organized throughout the process to ensure a smooth and successful refinance.


What are the steps to refinance a house?

The steps to refinance a house typically involve: 1. Checking your credit score and financial situation. 2. Researching and comparing lenders. 3. Applying for a refinance loan. 4. Providing necessary documentation. 5. Getting an appraisal of your home. 6. Closing on the new loan.


Where could one go to start a house loan refinance?

You can go online to the website called "lendingtree" to start a house loan refinance. You can connect with their lenders offering a wide range of home loans. You can also check out their guide to refinancing on their website.


When your house for sale was already off from the market can you refinance?

Whether your house is still on the market or not, the real question to ask is 'Do you qualify for refinancing?


How can one refinance their home in the state of California?

One can refinance a home in the state of California by arranging a new loan with lenders. Lenders who can provide this service include "Keep Your Home California".


Will a lender refinance a mortgage on a home that is listed for sale?

I do not know of a lender that will allow you to refinance a home that is actively listed for sale. There are several lenders that will allow a rate and term ( "No Cash Out" ) refinance the day after a home is removed from the MLS. There are a couple of lenders I work with that will allow a Cash-Out refinance the day after the home is removed from the MLS. Other important considerations that need addressed are * Is the home a primary residence / second home? * Is the property an investment property? * What is your intention for the property in the future? I frequently refinance homes that have just been taken off the active market. Please feel free to contact me if you have specific questions and I will be happy to assist you. Just Click on "TheMortgageExpert" link above. Jeff


How should one choose a lender to refinance?

There are many websites and resources that can offer someone information on lenders to refinance with. The best way to find this information is a quick search for some reviews on lenders.


Can I refinance if we owe more than our house is worth for a lower rate?

Yes, you can. The government is letting individuals refinance into certain mortgages if they are upside down on a house (no more than 5%, I believe). Different lenders offer different refinancing deals, so it is best to shop around.