Posted on: 28th Sep, 2009 07:40 am
i own my home but i do not live there my sister pays the mortgage but she does not have good enough credit to buy the house from me what is my best option in order for me to refinance my house and pay off my credit cards and hopefully get some extra cash in order for me and my husband to start our conveinence store business- a brief story about that the state is buying the family store and what we would like to do is to go ahead and start some rebuilding, the state will settle up with us by the end of the year being split 3 ways we should get close to 350,000 each
Hi childerstruckstop,
Welcome to our forum.
Yes you can know more about refinance mortgage on our forum please visit http://www.mortgagefit.com/refinance.html
Thanks & Regards.
gunz.ijjistaff
Welcome to our forum.
Yes you can know more about refinance mortgage on our forum please visit http://www.mortgagefit.com/refinance.html
Thanks & Regards.
gunz.ijjistaff
Hi childerstruckstop!
Welcome to forums!
Depending upon the equity you have in the property, you will be able to refinance the loan. If the property has at least 20% equity, then you would be able to refinance the loan. Apart from the equity, your credit score and income would also be considered while your loan is refinanced.
Sussane
Welcome to forums!
Depending upon the equity you have in the property, you will be able to refinance the loan. If the property has at least 20% equity, then you would be able to refinance the loan. Apart from the equity, your credit score and income would also be considered while your loan is refinanced.
Sussane
