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refinancing? once again i am looking at refinancing. whats the best way to find out who is honest in financing and not ripping you off with a high interest rate., my credit is so so but not bad. i am going through a divorce and have gotten stuck with all major debts. help. what is the best rate for someone half way decent with thier credit?

Does refinancing a mortgage hurt your credit score? I am in a arm loan and am looking to refinance after 2 years. I heard that refinancing can drop your credit score up to 30 points? Am i better off trying to sell or refinancing if i'm planning on selling after 5 years?

How should I go about refinancing my home? I have a mortgage loan at 6% with a balance less than 80,000/8 years. Should I refinance the balance that I owe to invest my money somewhere else? Would it be worth refinancing with only 8 years left? I was thinking about purchasing a new home and renting the current one that I have. The market where my home is very good for renting. Thank you.

What are the advantages to refinancing my home? My home is nine years old. The first mortgage was 7.8% and the second is 8.0%. What are the advantages to refinancing my home?

What is the benefit of refinancing a home? We bought a home in August. We have a high interest rate because of our credit. The financer told us to refince in 6 months to bring the rate down. Are there any other benefits to refinancing?

What are the pros and cons of refinancing a car? I have good credit (well over 700). The resale value of my 2004 Honda Civic is well above what I owe. I'm interested in refinancing to pull some money out to pay off a credit card bill. If I do refinance, how will this look on my credit? My husband and I are also interested in purchasing a new vehicle in the next few months and refinancing our home next year. Good idea to refinance my car? Thanks very much!

How long does the money from refinancing a house take to receive? I'm not very familiar with the whole refinancing concept yet so I'm not sure how long one must wait for the money. Are there factors taken into account to figure out an estimate? I've heard it takes about a month, but then again, I'm just a noob at this.

How can I get information on refinancing a home after I purchase it out right to pay back family? I would like to purchase a home that a close friend has that is going into foreclosure. I am able to get the money to purchase this home from family if I can assure them I could get it back to them by refinancing the money out. I would purchase the house for right under 200k and it is worth a little over 400k. So I would not take out all of the equity in the house out. Only enough to pay back family and have some money for appliances and furniture.

When refinancing, are you refinancing the balance of current mortgage or the value of the home? I'm considering refinancing but am a little confused about the process. I cant figure out if I would be refinancing my balance or if the new loan would be for the value of the home? EX: my current loan was for $89,900 but i owe $79, 500.The value of my home was appraised for $92,000 but is now worth $140,000. So what would the new loan amount be for?

Can I sell my truck directly after refinancing it? Is there typically penalties for that? I have a loan in southern california and I'm trying to sell it in Northern california. I just want to know if there is any penalties for refinancing it in northern california in order that I may sell it at the new bank's local branch.

Mortgage Finance Experts: How will the market affect homeowners who will be refinancing next year? My parents bought their home 4 years ago at a 4% rate, which is due to change next year when their loan rate. With the market crunch and the new strict lending that's bound to occur as a result of this, they are worried about what refinancing has in store for them. The good news is that they have flawless credit (they successfully removed their PMI, and they are early every month on their mortgage payments ---and they pay an extra couple of hundred dollars than they should. Not to mention their credit card debt is very low (only a couple of thousand dollars). They've both been at their great paying jobs for over a decade; but they are still worried about whether they will be able to secure a decent fixed rate when their mandatory refinance is up. Any hope?

how do I start refinancing my monthly car payment? Here's the deal: I have a used car that I am paying $320 a month (for a used car this is a bit much). I can afford this however but I'd just like to cut my monthly bills. Although all 24 months have been paid for (so 24 months left). The total lease was for 48 months. Do I talk to the car dealer I bought my car from or do I just start re-searching for a refinancing company?

How can I lower my interest rate without refinancing it? I have bought a used car about two year ago and the interest rate was high. It was actually a trade in for a used car. Now I want to see if I can get a lower interest for my car without refinancing it. If I have to refinance it to get a lower interest, what are the cons?

How do I go about refinancing my home? My husband and I both got 10% cut in pay and he was cut down to 32 hours a week, I work full time but 1 wk it is 3 - 12 hour shift and next week is 4 - 12 hour shift so I really don't have 40 hours each week. Our bills are going higher and our pay is not. Would refinancing help us? Do not know how to go about it.

Refinancing home for a little extra money, will I get the check at closing? We are refinancing our home for a few extra thousand to do some improvements. Our bank is out of state so they are sending a lady to our house tonight to close. Will she bring our check with her and we get it tonight?

How do I go about refinancing my student loan? A few years ago, I received a Sallie Mae student loan for about $8000 with the understanding that the interest rate would be about 4%. To my dismay, I recently found out that this rate was not fixed, and my current rate is now just over 9% - more than double the original! How does one go about refinancing a loan of this (small) size? Assuming my credit is good, what fixed rate can I expect to recieve? Thanks in advance.

What are the risks associated with refinancing home loan with a local lender instead of the big companies? we are in the process of refinancing our home & i recently submitted my contact info online & i'm receiving calls from many of the local lenders, Can anybody let me know if there are any risks associated with the small companies instead of going with big banks like Wells fargo , BOA or WaMu .. Thank u in advance ...

Can I lower the interest rate on my mortgage without refinancing? I am considering refinancing, but I am not really too sure yet. Is there any way that I could call my current lender and just negotiate a lower interest rate with them? This way I could possibly avoid all of the closing costs, etc that are associated with refinancing. Has anyone had any luck with this?

Is the process of refinancing your home easier than the process of buying it? We are self employed and our family has helped us purchase our home with a balloon note. We will refinance within two years to take their home off as collateral on the loan. Is the process of refinancing easier than the process of buying?

Refinancing >> Car Payments >> Could it cause my interest rate to go UP? I've been paying on my car for over 2 yrs now. I know that it is possible to "refinance". My credit score is probably in slightly sadder shape than it was at the time when I purchased the vehicle. Is it possibe that refinancing could blow up in my face, resulting in a higher interest rate?

What are the average costs involved with refinancing a vehicle? Just refinancing fees/costs/etc not the cost of the loan itself.

When refinancing mortgage will it reveal credit details to spouse? My spouse and I are going to be refinancing our mortgage and added me on. I did check my credit and found that I have a good fico score. However, my spouse doesn't know about a couple credit cards that I have. Will these details be revealed when we go through the refinancing process to him, or is it more important that I just have a good credit fico score enough that any other details won't be revealed?

How do you go about refinancing your mortgage? I have a 5 year interest only mortgage and just closed on my condo 4 months ago. It appears rates are lower. How do I go about refinancing and what are the advantages? If it's lower should I autmoatically do it?

Is it possible to change mortgage companies without refinancing? Our mortgage was sold to a really crappy company. We have thought of refinancing, but then we realized we have a really good rate for another 18 months (we have a 5 year ARM) and won't be able to find anything as low as we have now. It's completely unfair that we don't have a say in who gets our mortgage. I doubt we can have someone else buy it, but it was worth asking the question. See my question about filing a complaint against a mortgage company and you'll see why I hate them.

what fees are paid to title company when refinancing? I am refinancing my home in texas. I've been asked to submit the name of the titile company i want to use. However, I need to know what costs are expected. Any information is appreciated.

What are the top legit auto refinancing websites? I am trying to help someone with an APR of 19% and bad credit find some legal and trustworthy websites that will give her a couple of good refinancing options. She blindly signed the papers without knowing anything about interest rates. She has had the car for almost a year.

How much does a real estate agent make from refinancing a home? I am refinancing my home through a real estate agent.

Would it be better to pay large lump sum to current mortgage before refinancing? Currently looking at refinancing home, but can't decide if it would be better to add additional monies to current mortgage to lower amount to be refinanced, or refinance and put that sum onto new mortgage.

Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing? What are the benefits and drawbacks to each? We are refinancing our home.

What does refinancing your house mean? I keep hearing people get this money back, I don't understand, what does refinancing your house mean?

How soon after purchasing a car can I apply for refinancing? I have bad credit and I just bought an almost new car (It only had 4,000 miles on it) at 15% APR. How soon can I apply for refinancing with another finance company? Do I have to wait a year?

Is it worth refinancing my auto loan if the best APR I can get is 2.2% less than current loan? If my savings is only going to be about $60-$70 a month, is it worth refinancing and extending loan?

What is the outcome to refinancing your home? Are they good or bad? I was looking into refinancing my home to get my mortgage rate lower than what it already is. i think I'm paying too much for the area I live in.

Do I have to pay another installment of PMI for refinancing an FHA loan that is streamlined? I'm refinancing my FHA loan for a lower rate. Originally, the seller paid the upfront PMI for the house, around $1800. Now, I'm refinancing. But I have to pay another $1800 for PMI. If I already have PMI, then why should I have pay another lump installment?

Is it a bad idea to apply for a credit card while in the middle of a mortgage refinancing process? I have a high credit score (760), and was approved for my bank's best rate. The refinancing process is taking awhile, and I would like to get a better rewards card than what I have. Would it be a bad idea to apply for a new credit card before the refinancing closes?

Can someone tell me the whole process of refinancing my house? I was thinking of refinancing my house in order to get some money out which I need and also take advantage of a lower rate. My current rate is 6.75%. Can someone please explain to me how I should start? And how the whole process will work? Where should I check to get the best deal? I live in brooklyn, new york.

Is anyone familiar with the new legislation about refinancing to current market value? I was wondering if anyone could give me specific details about the new legislation passed about refinancing an ARM mortgage, to a FHA fixed rate based on current market value? What qualifies you to be able to do this? And what are the stipulations following? How long do you have to retain the house? How long do you have to keep it as a primary residence?

Do different banks go by their own Parameters when considering refinancing a loan for a house? BofA told us that their parameters changed and went lower and therefore we do not qualify to refinance. Do different companies/mtg lenders go by their own Parameters when considering clients/customers for refinancing? Or is it all the same for lien holders?

Is refinancing your student loans a good idea? I owe $$ on my student loans. I received some information about refinancing which sounds pretty good. Does anyone have any advice on this? What are the advantages and disadvantages of doing this?

Where do I find current information about mortgage modification, refinancing, and new mortgage rules? There is a lot of talk about mortgage modifications, refinancing and new mortgage rules, but most info is so basic that everyone just keeps repeating the stuff already known. Can anyone suggest a place with more advanced and very specific articles stating the facts with references back to the primary sources?

Is there a rule of thumb for home refinancing? I'm thinking that there is some rule that says something like "Refinancing your home makes sense only if you intend to stay in the same house at least "X" number of years and you can reduce your rate by at least "X" percentage points. Is there such a rule?

Is signing a quit claim deed necessary when refinancing your home ? My wife and I are seeking to get a home equity loan. We have been married for 16 months and she bought the house 3 years ago. Is there any reason why either of us should sign a quit claims deed in order to get refinancing for our home ?

Is there a difference between Refinancing and Streamline Refinancing? I bought my home in So Cal in July 2008. I currently have a rate of 6.25%. I keep getting letters saying that because the rates have dropped into the 5% range I can reduce it. Some letters state refinance and others say streamline with no closing costs. Can someone please explain the difference and the costs associated with refinancing? Any help/advice is greatly appreciated! Thanks This is an FHA loan.

Can I get a car loan after refinancing my house? We are working on refinancing our house and so far all is well. We plan to purchase a vehicle in a month or so. I am wondering if there will be a problem getting a car loan with minimal interest rate after refinancing our house. Any advice is much appreciated.

I need information about refinancing my car? I am considering refinancing my car loan with a different lender. I know what my payoff amount is for the vehicle, and it adds about a $1.50 per day from today to the payoff amount. Will I have to pay taxes again for refinancing? Also should I automatically request an additional amount of about 30 days worth to cover the extra cost I may have because they may not pay off the original loan the same day.

Can a person on the title but not the mortgage stop me from refinancing? I have a loan contract with a person on the title (individual property grant deed) in which the contract for the loan "shall continue until the property is sold". Even though I am not selling the property, I have offered a buyout amount for his 10% share and he is threatening to block any refinancing unless I meet his demand for a buyout amount. We differ on the appraisal amount of the property. My appraiser was approved by my lender and is a Certified Residential Real Estate Appraiser in California and I have no idea if or what type of appraiser he used. Can he do this even if he is not and will not be on the original mortgage or the refinanced mortgage? Would it be better to rescind the offer and just wait to pay him when I sell at a later date? Please let me know if you have any ideas on how to handle this situation.

Does refinancing a vehicle harm your credit score? I purchased a vehicle at a time when my credit score was low due to identity theft and fraud on my record. I really needed a new vehicle, so I had no choice but to make the purchase with a high rate. I am now considering refinancing my vehicle for a lower rate. I know nothing about refinancing and am concerned about the after-effect of refinancing.

Refinancing my private student loan during the current economy? I'm trying to find someone to refinance my student loan for a little more than $13,000. But so far nobody is accepting new consolidations because of the economy. Any ideas?

Why do I have to pay the full month of interest when refinancing an FHA loan if paid prior to the end of month? I am refinancing my FHA mortgage to a conventional loan. My current lender requires that I pay interest until 03/01 even though the loan will be paid off a few days into February by the new lender. Essentially I will be paying interest to two lenders for most of February. I called the current lender and they stated it will not be refunded once the pay-off is received. Anyone know why this is and if there is any way around that?

After refinancing how long dose it take to pay off your existing mortgage? Hi I just refinanced my mortgage and it closed a week and a half ago. I refinanced with the same company, went online and it showed the new loan on there with the first payment. It also showed the old loan showing a payment. sorry this old loan showed a balance and a payment due for this month.

Refinancing? 2 Part Question. 1-Is refinancing a good option when you want to decrease your interest rate? Is it beneficial for the house to be worth more than when you bought it, and why? 2-If there is only one persons name on it, and you refinance and put another person on it, what would that do, if anything? Would it be beneficial, and why? Thanks!

Do you have to sign paperwork if refinancing your house with current lender? Refinancing with current mortgage company, will we have to sign new paperwork? Or will it just be handled without? is 6.4% a good refinance rate? My husband is wanting lower? I am sure that is a good rate? Any opinions? it is 30 year fixed. I don't knwo about the points....so is that a good rate?

Is it worth refinancing your home to include your car loan to claim the interest on the car loan? I have a mortgage at 6% and I have been told for tax reasons it is good to refinance the house, just not sure if it is worth the expense to refinance; will it help that much with the interest I claim.

Do I have to use escrow when refinancing my mortgage? I am refinancing and my loan officer says that I have to pay $2000 for using escrow. Is there a way around it? I thought that escrow was unnecessary when refinancing. Isn't it needed only when purchasing or selling real estate property?

How can i reduce closing costs while refinancing my mortgage with good credit? Hello mtg. gurus. What would you suggest in the way of reduced closing costs and APR? What can I do to get a great mtg? I have found a way to get rid of FHA financing on my mtg. Are there any other things?

Why would a lender tell me not to take out extra money when refinancing my house? Recently, I was talking to a mortgage consultant at a bank. She told me that she would recommend just refinancing for what I owe. She would NOT recommend taking out any extra money. She didn't explain her reasoning for this. Out of the 3 mortgage people that I have talked to she is the only one who has said this. Why would she tell us this?

What is the process of getting the money for the equity in your home. Is that refinancing? If not what is refinancing,

is it possible to refinance a heloc without refinancing your first mortgage? I have a good rate with my first mortage at 4.25 fixed for 15 years. I also have a heloc that is adjustible and is at about 8.5 percent right. I would like to refinance the heloc without loosing the rates on the 1st. Is there such a thing?

How can I pay off my credit card with out refinancing? I want to pay off my credit cards but i dont want to refinance my house to do so. Is their any way that i can work with the credit card company to work something out?

What is the difference between refinancing a mortgage and getting home equity line of credit? My mom wanted to know! =] Thanks!

Is refinancing the only way to remove a sibling from financial obligation on a mortgage? I own a house with sibling, he wants to buy his own house and be removed from mortgage and title.

Question about refinancing a mortgage and the tax implications? My future son-in-law is trying to refinance his home mortgage. The man handling the refinance suggested that he might get a lower interest rate if he included my daughter's income and assets. They are unmarried, living together in Minnesota and expecting their first child in December. There are two parts to this question: Part One - Is this true about the possible lower interest rate and a good idea? and Part Two - Would they have to file taxes together from that point on? I would appreciate any advice and comments. Forget about Part Two of my question - I already know the answer to that, I don't know where my mind was. Appreciate answers/advice on part one. Thanks

What are the positive and negative to refinancing a car loan? I brought my car in 05 it is a 05 . The price was 13,000 and I now owe only 5,000 and some change but I have one negative report on my credit should I refinance to pay off the debt or what should I do? I would like to pay off this debt asap and I have two more years with my car loanand less than 6,000 is this good?

What is the cost of refinancing with the same mortgage company? payoff 2nd & credit card loans? I want to refinance my 1st mortgage with the same lender, pay off 2nd mortgage from another lender, get cash out for to pay off other loans. Total amount to borrow is $330,000.00. How much should the lender charge to do this?

How does refinancing a car work? I want to refinance my car but i am unsure of how it works. I owe 16,000 on my current car. I want to trade it in for a newer car. Does the 16,000 go towards the new car, or does the trade off vaule go towards the new car. How does this work?

What important points should I consider when refinancing my home mortgage? I'm looking for important tips as I'm about to refinance. I would like to know what should I pay attention to when choosing a financial institution.

How does refinancing your mortgage affect your credit score? If someone wants to refinance how does it affect their credit? Will it help since it will show one loan as being paid off and another one being opened? Or does that even eachother out?

How does refinancing the current mortgage help? When one should refinance home mortgage? Does it help to bring the number of period of payments down? If so how?

What is the best short term loan for refinancing our condo? Our condo in FL has been for sale for 2 years! Not planning for this...We need to pay off some bills to lower monthly payments. What is the best way to go to refinance? We want low closing and of course no pre-payment penalty. ARM? Fixed? Not sure where to start? Our credit union wanst about 5k for fees and closing!!

How do I lower my car payments when refinancing is not an option? I have an '05 Xterra my husband and I purchased new when we were married. One month after purchase we split and I have been making the large payments on one income, which has been tough. I have about $5,000 in negative equity, which has made it difficult to trade to a cheaper vehicle. Does anyone have any suggestions? The bank wont refinance with just my income.

What are the pros and cons of refinancing a loan? How does it affect improving your credit? What are the steps to take to refinance a loan and what are key things to look for or to know?