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14 June 2009 | 11 replies
in order for you to take your name off of the car loan and timeshare loan those loans would have to be refinanced. the other signer would need to qualify on their own (or find another co-signer).you say that you will proably never own property again because of credit. that is just not true. this too shall pass and your score will be damaged for a matter of years, not forever. those are the facts.how much do you owe on the property?
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16 June 2009 | 2 replies
Unless the home was refinanced after the divorce where the husband was the only borrower, then it is likely both her credit and her liability for the losses will be on the line.
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22 June 2009 | 10 replies
I do have a 2 family, but i am presently refinancing and i don't think i can take another loan on it now.
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24 June 2009 | 12 replies
That makes more sense when you need to borrow both purchase and rehab money, and then plan on refinancing out of the loan into a perm loan.
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21 July 2009 | 0 replies
im refinancing out of a hard money loan into a commercial loan bc i have many mortgages and dont want to wait the 6 months seasoning required by most mortgage banks...this is my first commercial loani just sent a packet in for revirew to a large commercial bank in boston...they even came and met me at the property to be refinanced... the lender liked what i did with the place and likes the #'s...he sent be a pre approval letter based on a $3,000 deposit...i almost felll off my chair...i have never put down anything close to this amount for my residential loans or refi's ...is this common in the commercial lending marketplace?
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21 July 2009 | 1 reply
Has anyone refinanced their home for 125% of their home's value thanks to the new housing rescue plan?
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23 July 2009 | 7 replies
Would it make a difference if the borrower told the note buyer that they would be refinancing to pay off the loan by time the balloon is due?
26 July 2009 | 3 replies
I bought my first investment property in 2003 from a bank REO and rehabbed it, then refinanced and took out about $8000, then rented it out ever since.
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30 July 2009 | 11 replies
E.Fees for an appraisal required by a lender. 5.Fees for refinancing a mortgage.If these costs relate to business property, items (1) through (3) are deductible as business expenses.
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6 August 2009 | 7 replies
If the lender does accelerate the note then you would need to get it refinanced quickly.