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I would like to refinance the first mortgage and home equity loan to go to roll?
First mortgage balance is $ 115,000 5.75% 5 years 30 years mortgage. Home Loans that have been taken in the last year for additions to the house for U.S. $ 43 000 8.0% relationship for 15 years [Wpramazon Asin = "0071388877"]
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Should we roll our second home line of
First mortgage vs home equity loan or equity
What would be better a home equity loan
My tax value on my home has increase.
Just wondering, can one have a home equity
can you refinance a mortgage loan when you
Refinance my mortgage and home equity loan?
Can I refinance my home if I have
Refinance mortgage versus home equity loan?
That depends on your numbers. Ask again and in the detail section explain your situatuion on rate,terms, est. bal, equity loan amount
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LikeDislikeIn most situations I would recommend that you refinance and put those together but I need to know how much you think your home is worth and get some other information to be more accurate. Right now you’re paying a combined interest rate of 6.875. If you have good credit you can more than likely qualify for something lower than that and would be able to stretch it out over 30 years. You’re paying more than you have to because on your HELOC it’s a 15 year payment (which is obviously higher). If you can get into a 30 year payment it would be worth it, but this is all hypothetical until more information is given.
If you’d like a free no obligation consultation you can fill out an application on my website, email me, or give me a call and I’d be happy to answer any questions you have.
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