0
If you refinance and you don't have enough equity in your home, then you are paying refinance fees and adding to your debt, plus your house isn't worth what you are paying so there is more liability to the bank. Banks don't like to take risks on the owner defaulting since they rarely get what the house is worth if they have to foreclose.
What else can I help you with?
What are the lowest refinance mortgage rates?
The lowest mortgage refinance rates are currently around 2 percent.
How can a person refinance bad credit?
The best way to refinance bad credit is to take out a loan from a company or bank that is willing to work with you. There are many companies to look at depending on the item you want to refinance.
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.
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.
How can I refinance a mortgage with a bad credit?
One can refinance a mortgage with a bad credit by thinking in advance. You can do this by working at improving your situation, and then when it is time to refinance you can show that you have made an honest effort to improve it. You can find more ways to do this at a website called RefinanceMortgageSite.
Is 40 percent a bad grade?
Out of 100, yes.
Where can one refinance their bad car credit?
One can refinance their bad car credit at different companies. Some of the companies that offer refinance of a bad car credit are Prescott Financial, Harbor Credit and Fleet Financial.
What are the lowest refinance mortgage rates?
The lowest mortgage refinance rates are currently around 2 percent.
How can a person refinance bad credit?
The best way to refinance bad credit is to take out a loan from a company or bank that is willing to work with you. There are many companies to look at depending on the item you want to refinance.
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.
How can I refinance my home with bad credit?
This is the website that I found most helpful when looking for information on how to refinance with bad credit. here is the website www.mortgagecreditproblems.com/ - Cached.
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.
Do you need an appraisal for a fifty-percent loan to value ratio refinance?
No, you do not need to have a fifty-percent loan to value ratio to refinance. There are many many loan programs that will allow you other ratios and consider an overall financial picture of the situation so that you can refinance.
How can I refinance a mortgage with a bad credit?
One can refinance a mortgage with a bad credit by thinking in advance. You can do this by working at improving your situation, and then when it is time to refinance you can show that you have made an honest effort to improve it. You can find more ways to do this at a website called RefinanceMortgageSite.
Is there a law that says when you refinance your home you get a 4 percent discount or 4 percent rebate for refinancing?
No, there isn't.
What are current refinance rates in the US?
The average refinance rate in the united states is currently at a record low. A 15 year loan is as low as 2.61 percent. For a 30 year loan it is a mere 3.4 percent.
How do you do 0.307 as a percent?
Multiply it by 100. 0.307 = 100*0.307% = 30.7%. Could not be simpler! Well, it could, but it's not that bad.
