Tag Archives: Refinance Loan

I have a 30 yr. fixed 1st mortgage of 160K at 5.875% and a 20 yr. fixed 2nd mortgage of 40k at 9.00% since ’03

Spaghetti asked: I’ve bought it in April of 2003 in Kihei,HI at 201K.The value of the condo now (Feb.’08) is approx. $350K or even higher.Now,what I would like to do is either combine the 2 mortgages into one or pay … Continue reading

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I have a 30 yr. fixed 1st mortgage of 160K at 5.875% and a 20 yr. fixed 2nd mortgage of 40k at 9.00% since ’03

Spaghetti asked: I’ve bought it in April of 2003 in Kihei,HI at 201K.The value of the condo now (Feb.’08) is approx. $350K.Now,what I would like to do is either combine the 2 mortgages into one or pay off the 2nd … Continue reading

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If you refinance your home into FHA loan and have 20% equity do you still need monthly mortgage insurance?

Sherry asked: With 30 year FHA loans the monthly MI is in place for the life of the loan. Kind regards, Geoff Johnston Mortgage Relief Specialist GovernmentRefinanceAssistance.com 480.219.0585 (direct) 760.888.8293 (fax) After finding the governmentrefinanceassistance.com web site I ask this … Continue reading

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How can you refinance a home loan with a NEGATIVE equity?

kookoo4travel asked: Adjustable rate has taken our mortgage payment from $1,800 per month to $3,000!Christina

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Smartest way to pay debt refinance, home equity loan or a payment plan?

. . asked: I have debt totaling 30,000. I own a home in which I have over 150k equity in. I want to pay this debt once and for all. What would be the smartest way to do this? Should … Continue reading

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PLEASE ANSWER! Should I refinance or take a home equity loan?

Amanda B asked: My husband I are looking to borrow about $35 thousand dollars out of the equity of our home to help finance our son’s college and to do some small renovations. We bought our house ten years ago … Continue reading

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Is it better to refinance or get a home equity loan? We have owned our home for 2 years?

KristinaRM asked: Due to family health issues my husband and I have missed a bit of work over the past 9 months. Because of this a few of our credit card payments were missed and we have fallen quite behind. … Continue reading

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Serious, factual, answers regarding re-fi and home equity?

My Dog Rowdy asked: I bought my home in March of 2003, my mother co-signed for me, but does not live with us or pay on the mortgage. I would like to look into either a refinance or home equity … Continue reading

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Can I refinance a home equity loan if I’ve only had it a couple of months?

twirlgirl928 asked: Problem, we recently had our home up for sale, but have since changed our mind. We applied for a small home equity loan through our local bank (17,000)so my husband could buy a car and we could pay … Continue reading

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Refinance or Home Equity Loan?

metspsu1980 asked: My brother and I are in our mid to late 20’s and own a 2 unit home valued at approximately $75,000 free and clear. We have a 30 year mortgage (out on another home valued at approximately $40,000) … Continue reading

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