Refinance while a lien existed - is it possible?

[Dani Beit-Or]

One of my clients owns a house in Indianapolis. A GC put a lien on the house and while the client is addressing the lien issue with the GC he wants to refinance and pull money out.

 Assuming paying off the lien is not an option. And there’s no existing loan on the house.

This is a SFH and the client owned it for a few years.

Is there a way to refi w a reasonable rate, ie not hard money, and a long term conventional mortgage. 

[Matt Devincenzo]

Ask if the lien can be 'bonded off'. Meaning the title company would eliminate the lien from title, and instead your client would pay for a surety bond or post the equivalent cash which could eventually pay off the lien if it is found to be valid.