I have 24 years left on 30 year mortgage. I am thinking about a home equity loan at a favorable rate, rather than roll in to refinance consolidation. If rates are favorable later this year i may like to refinance 1st mortgage at 15 years. Will home equity loan affect my refinancing even if i am not looking for any cash out.
Posts Tagged ‘Take’
If I Take Out A Home Equity Loan Now Will This Loan Affect Me If I Want To Refinance My Mortgage.?
Sunday, May 17th, 2009How Soon Can I Take Out A Home Equity Loan Or Refinance After A Cash Purchase Of A Foreclosure?
Thursday, May 7th, 2009The house is only 10k. So if I pay 10k cash, how fast can I do a home equity loan for that 10k? I need to make repairs as it is a foreclosure in poor condition. Can I do a refinance loan and get more than I even paid for it if it appraises higher than 10k, which it will? Thanks for any help