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is it worth it to refinance

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Guest	Posted: Mon Nov 15, 2010 12:26 pm    Post subject: is it worth it to refinance Like 0 Dislike 0 30 year mortgage at 7 or 7.5% with approximately 2 years left to pay with a balance of approximately 24,000., with poor (bankrupt filed by one owner) credit for one of the owners good credit for the other owner, house is in the City of buffalo, NY and is a double
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Nov 15, 2010 8:01 pm    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! You should have equity in your property in order to get a mortgage refinance. The person who has a bad credit won't be able to get a mortgage in his or her name. The other owner who has a good credit can refinance the mortgage if there is equity in the property. Feel free to ask if you've further queries. Sussane

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