Posted on: 28th Sep, 2010 07:00 am
i would like to know if i could refinance my first loan with with one lender and keep my second with the same lender i allready have.
Hi Jeffmaloney1,
Welcome to mortgage fit,
Surely you can do that.............
if you wish to know more about refinancing you can just visit following link
http://www.mortgagefit.com/refinance.html
Feel free to ask any further query if you have........
DIPA
Welcome to mortgage fit,
Surely you can do that.............
if you wish to know more about refinancing you can just visit following link
http://www.mortgagefit.com/refinance.html
Feel free to ask any further query if you have........
DIPA
It all depends upon whether the new bank will allow that second loan to exist and whether the bank holding the note on that second loan is willing to subordinate.
You or your loan officer should find out what the requirement is to subordinate the second position. At the end of the day, I'm finding most banks will.
