Can you refinance a mortgage if you are the only one on the mortgage but the deed is shared?
Answers: The only thing that is important is the note, aka the loan itself. if you are the only borrower then your really the only person they want to deal with.
If it were the other way around, then it would be a little bit more of a hassle, i.e. having 2 people on the loan (borrower and co-borrower) and trying to refinance with only 1 borrower.
hope that helps!
most lenders dont have a problem with that
Great answers to my Mortgage request for information...but how do I:?
How exactly do I go more or less getting $ out of my rental for badly needed upgrades to my home? I simply married into this and my husband has not kept up near anything and I need a clean bathroom, roof, wiring, drywall. He put adjectives his current mortgage on the house into the rental. I cannot get a mortgage on the rental unless we live near. So exactly what do I do? Thank you SO much.Answers: Right now tons lenders are allowing people to win cash out on their investment properites. Local bank are much more conservative than wholesale lenders and wholesale has access to frequent more programs than any bank. I can't read out a definite try to refi or provide because I don't know the whole picture such as credit ranking, mortgage history, income, assets, mortgage balance, house attraction, etc. You can check out my website and play with the numbers on one of my calculators and see comes up or you can email me and I can tender you a more detailed answer.
sell the rental and focus on ur home.
suggest marriage/financial counseling .
u do not nouns like on same page .
see some challenges coming around corner
Where can I find the best current mortgage rates, aside from Bankrate.com?
Nationwide, as well as local. Thank you!Answers: If you know satisfactory about what programs you will qualify for and how much down pmt next you can poll a few brokers or banks on rough rates.
If you hold no idea what programs you qualify for, later you will need to apply for a loan.
Any wall will give you rates.. bankrate is an average of respectively lender. lending tree will offer you rates but harrass the crap out of you till you cancel your estimate.. but any mound, national city, bank of america etc will contribute you estimated rates..