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aochalek · Joined: 31 Aug 2009 Posts: 1 1.29 Dollars($)

Me and my husband got a second morgage, we are going to try and rent our house. My question is, can you still roll over closing cost into the mortgage?? The mortgage company I'm going through said no I was wondering if anybody knew....By the was I live in Michigan (I don't know if laws are different in each state)

Thanks....

bensonclive · Joined: 16 Aug 2009 Posts: 90 -0.12 Dollars($)

It is legal to go for the lower interest rate mortgage and pay off the first mortgage with higher interest.So surely you can roll over the closing cost of first mortgage but You need to find out that lender who will offer you a good lower interest 100 % mortgage equivalent to first one.

I hope you are talking about refiancing ...

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