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Can You Refinance A Home Equity Loan To Lower The Payments?

My mother signed a home equity loan with my grandfather who has just passed, and I am trying to help her pay the bills but the payment on the house is too high. If she refinances could her payment go down? Are there any other options, or any kind of loans or help from anywhere? I am totally clueless this was very unexpected.

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This entry was posted on Thursday, May 7th, 2009 at 2:56 am and is filed under Home Equity Loan Q&A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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2 Responses to “Can You Refinance A Home Equity Loan To Lower The Payments?”

  1. shipwrec says:
    May 6, 2009 at 10:56 pm

    If she has the income she can get a different mortgage and they will pay that one off. If her interest rate goes down and fees aren’t high the payment could be less.

  2. Goofy-fo says:
    May 6, 2009 at 10:56 pm

    Hello, I am sorry about your grandmother and you are such a great daughter to help her out. You can get a free consultation at 310-755-5330 and they will help you with your situation.
    God bless, maybe this is not a mere coincidence, I am just browsing and I found your question. God work in mysterious ways to help people.

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