Posted on: 09th Dec, 2009 08:37 pm
i have not found a mortgage company that will refinance our first and second. our second loan is at 12% . how can i find a way to get that percentage lower? what do i do or say to the leander.
thanks, sharon
thanks, sharon
Hi bankit!
Welcome to forums!
Did you check out with your lender as to what type of rates he would offer you in case you refinance the loan? Rates are going low and there are chances that you would receive quite lower rates. If you find that the rates offered to you are not affordable then try and negotiate with your lender. You may pay points in order to get lower rates. Still if you do not get better rates, you should try refinancing with other lenders. You may even speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This may help you know the rates as well as whether or not you would get a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Did you check out with your lender as to what type of rates he would offer you in case you refinance the loan? Rates are going low and there are chances that you would receive quite lower rates. If you find that the rates offered to you are not affordable then try and negotiate with your lender. You may pay points in order to get lower rates. Still if you do not get better rates, you should try refinancing with other lenders. You may even speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This may help you know the rates as well as whether or not you would get a loan.
Feel free to ask if you've further queries.
Sussane