refinancing

Author Message
rjflohr.

Guest






PostPosted: Mon Mar 16, 2009 5:49 pm    Post subject: refinancing

If I purchase a forclosure for cash, how long do I have to wait before refinancing in Glendale, Az.
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile eric1

Community Experts
Community Experts


Joined: 04 Jan 2009

Posts: 1172

175.80 Dollars($)
PostPosted: Mon Mar 16, 2009 7:42 pm    Post subject:

Each lender is different. You may have to wait as long as 6 months
_________________
Eric - http://www.DreamHomeFinancing.com
Free Rate Quotes, Stated Income Loans
Mortgage News and Trends
Follow My Blog
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 3738
Location: Alaska
561.45 Dollars($)
PostPosted: Mon Mar 16, 2009 7:51 pm    Post subject:

Hi rjflohr!

Welcome to forums!

If you have taken a mortgage in order to buy the property at the foreclosure, then you'll have to wait for about 8-10 months in order to get a refinancing. Moreover, before refinancing the property, the lender would check out if there's equity in the property.

Sussane
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk



DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0