Q&A
Asked by cajuns_honey
Answered by David Skow
Mortgage Professional in Seattle , WA
If this is a 30-year fixed-rate mortgage, or a 15-year fixed-rate mortgage - at this time - this is a great rate. A month ago, there were some decent options to get lo...
Q&A
Asked by an anonymous user
Answered by David Skow
Mortgage Professional in Seattle , WA
Ask any lender for assistance or contact your present lender with the question. There is also a website that you can use such as HARP.COM. The loan needs to have been ...
Q&A
Asked by alice
Answered by David Skow
Mortgage Professional in Seattle , WA
This would more than likely be a sensible move. What you can do is complete the refinance, but continue making the same payments. The new loan with the additional prin...
Q&A
Asked by MARILYN
Answered by David Skow
Mortgage Professional in Seattle , WA
Marilyn - thanks for the question. In general - yes. But a lot more information will be needed to determine if this will be a possibility. What are the loan amounts, t...
Q&A
Asked by Kimberly
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Kimberly Equity financing is probably what you are looking for. You can simply increase your payments and reduce the debt faster. A great way to create cash ...
Q&A
Asked by an anonymous user
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
The answer to your question depends on many factors, the biggest of which is where you live. Loan costs vary greatly from state to state; a refinance that costs $1,800...
Q&A
Asked by jjnobadkitty
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
That depends on the date you took out your loan, the type of loan it is, your current rate, and several additional factors. HARP loans are for borrowers who closed lo...
Q&A
Asked by Ricardo
Answered by Dan Spiegler
Licensed lender with over 10 years experience in Boulder, CO
Hi Ricardo. With a small balance the rate is less important than the transaction costs (closing costs). So it's important to know how much you want to pull out (and wh...
Q&A
Asked by a_ballew
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Disability income is acceptable for mortgages, as long as it's long term disability (no defined expiration date). The biggest issue that folks on disability have is ty...
Q&A
Asked by Bruce
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Here are two great articles on things to do--and not to do--when you are rebuilding your credit score. Good luck! 5 Things Not To Do When You Want To Rebuild Your C...
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