Posted on: 14th Jul, 2009 08:09 am
Between my first and second morgage I owe around $80,000 and believe my house is worth about $90,000.
there is a reasonable possibility that you can refinance. however, you left out a lot of valuable information - credit, income, etc. if you cannot find easily find a lender who is able to do this with a conventional or fha loan, you might just find a local (community) bank or credit union that might be willing to take a flyer.
Check with local lender.
As gmakerley suggested there is reasonable possibility that you can refinance.
As gmakerley suggested there is reasonable possibility that you can refinance.
Yes its very possible that you can refi as long as all your other finances and income are in good standing. And as long as your credit is good.