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Refinance Mortgage
Question and answers refinance mortgage information
Can a co-signer help get a lower rate for your refinance mortgage?
Is it possible to refinance mortgage with poor credit?
I got a Good Faith Estimate from my refinance mortgage lending company and there are Title search, title?
insurance, Title Exam and Miscellaneou Title fees. These expenses I already paid since I bought the home 2 years ago so do I need to pay again now just for refinance? Please advise, thank you. And what is the best rate now for the 15 years fixed?
Is it wise to refinance mortgage every few years?
I was just thinking, our mortgage is $450k and we are paying a variable interest rate of 5.59 %.We are 3 years into a 30 year loan and have paid it down to $392k.Does it make sense to refinance the mortgage every few years, ie when it gets to say, $350k, refinance & go get a new loan for $350k because the monthly minimum repayments will be much lower, and then again at say, $250k, $150k etc etc.Obviously we would keep paying as much as we could afford per month ie more than the minimum and get it paid off quicker.I hope this question makes sense
Cost to refinance mortgage in New York?
What are the average costs to refinance in New York?I want to refinance 360K and was quoted around $5,500 in closing costs.
Appraisal to refinance mortgage for a home remodel, any tips?
I am having my home appraised Thursday. Other than tidying the place up is there anything I can do to help elevate the appraisal? Does an appraiser physically check the house like a home inspector? Do they verify that all appliances are working? Are they climbing on the roof etc? Thanks
My credit score is 645 and my wife. is 697.what is the best rate. that I qualify for a refinance mortgage loan?
I seem to be having a problem qualifing for a good rate loan.Do you have any advice for me?
Where can I get table that compares regular mortgage vs consolidated refinance mortgage?
Which is better to refinance mortgage when value of house if lower or higher?
We are currently on a 5.5 % Fixed rate on our Mortgage. We purchased our house last year for 195,000. I believe the worth of our house is around 150, 000. Some people tell me it's better to refinance it when the value of the house is lower than your purchase price. Some people told me it's better to refinance when the value of the house goes higher, so you can get money in your pocket for the difference. I still do not understand which is right. Of course, we also want to get a lower rate, but my main question is when? When House value is lower or higher? Please help me understand. Thanks
What paper work is required to refinance mortgage?
Anyone know of refinance mortgage rates of 4.5% or -?
Colorado Resident.Thanks
What happens if I don't sign the refinanced mortgage?
Am I giving up any rights if I'm not on the refinance of our mortgage? my credit is less than perfect
Should I cosign a refinanced mortgage with father in law when I have bad credit?
We live in CA. I live with my father in law and we are in need to apply for refinance w cash out. However, he is retired, has excellent credit, but only makes about $50k a year with combined pensions and social security. The bank was only willing to give him $350k and we actually need $390k. They said the only way they'd allow him the $390k is if I cosign. I have terrible terrible credit a couple of car repos, late payments, behind on taxes, etc... . The bank told him they would just really like my income there I make $60k a year , but I'm afraid if I cosign for him, it would only hurt his chances for a loan. By the way the house is worth about $550k in the current market.Thanks for your feedback.We live in CA. I live with my father in law and we are in need to apply for refinance w cash out. However, he is retired, has excellent credit, but only makes about $50k a year with combined pensions and social security. The bank was only willing to give him $350k and we actually need $390k. They said the only way they'd allow him the $390k is if I cosign. I have terrible terrible credit a couple of car repos, late payments, behind on taxes, etc... . The bank told him they would just really like my income there I make $60k a year , but I'm afraid if I cosign for him, it would only hurt his chances for a loan. By the way the house is worth about $550k in the current market.Thanks for your feedbacketa Thanks for the replies. Another question. I really don't want to explain my situation to him unless I really need to. Can the bank s discuss my information with him without my consent?
Can a refinanced mortgage be forgiven and non taxed if insolvent?
We relocated a couple of years ago and could not sell our home after we relocated. We still have that home and can not sell it for the mortgage amount we owe on it. We have been able to rent it but at a huge monthly loss, and we now have come to our end with nothing left in any bank account... no savings, no 401 K left, only one poor vehicle, and most of our possessions have been sold off to keep afloat over the two years. Our Realtor has suggested a short sale and is speaking with our mortgage company about this. My question is this Can the forgiven amount in a short sale still be non taxed even if the mortgage on that home had been refinanced at an earlier time? I read that a loan forgiveness on a mortgage that has been refinanced might possibly be handled differently than a mortgage forgiveness on a mortgage that has been refinanced. The house that we are looking at for a short sale is located in Virginia and we did refinance earlier on.Can anyone help with info?
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