Katelyn Smith
First Time Refinance Question
Thoughts on advantages and disadvantages of using the Loan center in which your current mortgage is through versus another loan center to pursue refinancing?
J Dave
Refinance with no income
How can i refinance with no income? i Have money saved but i need to refinance my fix and flip for and lower monthly payment. Is this possible?
Adrienne Long
Investment Property Refinance Help
Hi group! I’m looking for some guidance here. I purchased my first BRRRR project in January with a hard money loan. I’ve been waiting the 6 months seasoning period to refinance out of that and into a bank loan. I boug...
Jonathan Aguayo
To Refinance or not?
Kind of new here just had a question about refinancing. I’m looking into refinancing my home. Currently I have a loan of 145k at 4.85% fixed I have 26 years left. My new loan would be 163k at 2.85% fixed at 15 years. ...
Robert Washington
VA loan Refinance Question
I currently have two properties, one i rent out and the other I live in (I plan on renting it out). I plan on moving to Reno NV next year and my family and I plan on buying another house using the VA loan.
My questi...
Rocco Swinney
cashout refinance tax impacts?
Hi All! I purchased a condo unit about 8 years ago as a primary residence. I aggressively paid it off (while i lived there) before i made it a rental and have been renting it out for the last few years.
I was interes...
Chris Bluem
Personal Residence Refinance Question
I have a mortgage question on my personal residence. It is currently a duplex that I am almost done renovating both units. I have been living at the property for 6 months. My plan is to split the deed into 2 separate ...
Dylan Henry
VA IRRRL Refinance Issue
House background: Purchased house in 2016 with VA loan, found renters in December 2019, Just refinanced to a VA IRRRL with the assumption I could already have my tenants in place. However, when I signed my closing d...
Scott K.
Cash out refinance costs
Hi all! I'm trying to understand how a cash out refinance typically works.
Let's' say I've refurbished a property, its ARV is $100,000, and a bank will offer a 70% loan-to-value cash out refinance.
Would this mean I...
Tina Johnson
Cash out refinance question
Twice I have gone to the bank for a cash out refinance and the first time I ended up with a 5 year fixed with a 20 year amortization (80% to value) and the send time I ended up with a 10 year fixed (90% to value). Bo...