Posted on: 22nd Aug, 2007 08:14 am
Purchased a timeshare in 2005 at pre-construction price. Wanted to know if that mortgage can now be refinanced
There should not be any problem if you meet the requirements for a refinance....
Why don't you approach one or two lenders to find it out. However, i don't find any reason as to why you shouldn't be able to refinance if you have the required credit profile and income.
Who do you know that is refinancing timeshares mortgages
Hi Guest
As far as I know, timeshares have little or no re-sale value and thus, the lenders or banks do not want to refinance the mortgage. However, you can speak to your current lender and check out if he can refinance the loan.
Thanks.
As far as I know, timeshares have little or no re-sale value and thus, the lenders or banks do not want to refinance the mortgage. However, you can speak to your current lender and check out if he can refinance the loan.
Thanks.
Do have financing on a Bluegreen Timeshare program. Just looking to see if there is a better interest rate for this program. Thanks
Could someone share with us the best refinance method and company to get you a better rate and payment plan?
Thanks
Thanks
Not sure we can help you with refinancing a time share. Check with a local bank.
I AM READY TO REFINANCE MY TIMESHARE
Emmanuel, I already answered your query. Please click on the link here:
http://www.mortgagefit.com/postdeal/about37885.html
http://www.mortgagefit.com/postdeal/about37885.html
I just sold my timeshare and am looking to assist the buyer with finding a mortgage. The amount would be $40,000. She has paid $3600 deposit. What is available for her? Thank you.
Hi dizzycapecod!
Welcome to forums!
She will have to contact the local lenders and apply for a loan. They will check her financial situation and let her know whether or not she will be able to get a loan. She can even take the help of mortgage calculators to find out how much amount she will be able to borrow.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
She will have to contact the local lenders and apply for a loan. They will check her financial situation and let her know whether or not she will be able to get a loan. She can even take the help of mortgage calculators to find out how much amount she will be able to borrow.
Feel free to ask if you've further queries.
Sussane