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Company Loan Type APR Est. Pmt.

Refinancing while benind a payment?

Posted on: 17th Nov, 2009 06:41 pm
is it possible to refinance while behind a payment? or if i get caught up can i refinance? i need to hear back asap. thank you
Depending on your situation - yes you can still refinance.

If your mortgage repayments are too high for you to handle, refinancing might be a very good idea, though you might want to also consider a loan mod
Posted on: 17th Nov, 2009 08:21 pm
modification with your lender is a far more likely scenario than refinancing. lenders now want to see that you are able to make payments, and a delinquency right now would fail to prove that to them. it would prevent them from granting a loan.
Posted on: 18th Nov, 2009 08:26 am
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