Posted on: 11th Nov, 2010 02:42 pm
how long must i wait in order for me to refinance my primary residence after having it listed for sale? i have a 1st mortgage and a home equity loan i would like to consolidate into one loan. that total is nowhere near the 80%.
this is in texas by the way
Hi stevegowan,
You can remove the property from the listing and apply for a refinance. However, unless you have equity in your property, you won't be able to refinance your mortgage. None of the lenders will be ready to refinance the loan unless you've equity in it.
You can remove the property from the listing and apply for a refinance. However, unless you have equity in your property, you won't be able to refinance your mortgage. None of the lenders will be ready to refinance the loan unless you've equity in it.