---

What % can be refinanced on a Texas loan?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
susieglaze Joined: 19 Sep 2008 Posts: 1 1.51 Dollars($)	Posted: Fri Sep 19, 2008 5:50 am    Post subject: What % can be refinanced on a Texas loan? Like 0 Dislike 0 I have lived in my home for 2 years and want to refinance at a lower rate. No cash out. What is the % I can refinance?
Guest	Posted: Mon Sep 22, 2008 5:40 am    Post subject: Like 0 Dislike 0 Hi susieglaze As far as I know, if you go for mortgage refinancing, the new loan amount should not exceed the outstanding loan amount on the property. But if you go for a cash out refinancing, you can borrow more than the outstanding loan amount. However, you should never go for mortgage refinancing if the value of the property has gone down.
Susanne Guest	Posted: Thu Sep 25, 2008 3:47 am    Post subject: Like 0 Dislike 0 Hi, It is better if you could consult a mortgage broker who will be able to tell you about the details.

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

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