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How long do you have to wait to refinance?? Ok this all depends on a couple of items. First did your loan have a prepayment penality??. If so I would recommend you wait until that period of time is over. Call you lender and ask. If you do not have a prepayment penality. Know that most loans have at least some closing costs. If your present loan rate is high for some reason and your financial sitution allows (Higher FICO) you can refi anytime. The rule of thumb is if you can get a lower rate at 2 points less that would be a good signal or if rates are rising and you have an ARM (adjustable rate mortgage) then perhaps, or another is your home has appreciated remarkably and you wish to draw on that money. Hope that helps.
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Can you refinance if you have done a cash out refinance before?
As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.
How long do you have to wait to refinance after foreclosure?
If the mortgage on your property is foreclosed the bank takes possession and you lose the property. You can't refinance. I have heard that to take on a new loan is possible in as little as two years. However, if you own another property paid off or in good standing, the foreclosure could affect your ability to refinance that property. I've heard 3 years so 2 years is a plus!
For a reverse mortgage how long do you have to own home?
You can purchase a home with a reverse mortgage from the get go, or wait 3 months after the purchase to handle it as a refinance. Some lenders try to make you wait a year, however FHA's requirement is 3 months once you have purchased the home.
Why might one want to refinance a mortgage at a lower rate?
There are many reasons why someone would want to refinance a mortgage at a lower rate. The main reason to refinance at a lower rate is to pay less interest over a long period of time.
Does my business qualify to refinance using a sba loan?
Yes usually you can refinance your sba loan but I do not recommend it with the high rates and length of the loans given it can be more of a headache in the long run.
What if that person refuse to refinance the car in there name so the other person can get off the loan?
The co-signer cannot force the primary borrower to refinance. They must wait it out until the loan is paid.The co-signer cannot force the primary borrower to refinance. They must wait it out until the loan is paid.The co-signer cannot force the primary borrower to refinance. They must wait it out until the loan is paid.The co-signer cannot force the primary borrower to refinance. They must wait it out until the loan is paid.
How soon could you refinance after you purchase a car?
As long as your current loan shows on your credit and can be accessed by the refinance company, you can refinance anytime. There is no set time to refinance.
How many years are you able to refinance an auto for?
You can refinance an automobile loan for as long as seven years. Depending on the bank that you use, it will be as long as seven or less.
Can you refinance if you have done a cash out refinance before?
As long as you are otherwise qualified, yes you can. There is no limit to the amoutn of times you can refinance a home as long as each refinance benefits you as a homeowner. *It is important to note that Texas has some unique rules regarding cash out refinances. Source: I'm a loan officer.
How long do you have to wait to refinance after foreclosure?
If the mortgage on your property is foreclosed the bank takes possession and you lose the property. You can't refinance. I have heard that to take on a new loan is possible in as little as two years. However, if you own another property paid off or in good standing, the foreclosure could affect your ability to refinance that property. I've heard 3 years so 2 years is a plus!
For a reverse mortgage how long do you have to own home?
You can purchase a home with a reverse mortgage from the get go, or wait 3 months after the purchase to handle it as a refinance. Some lenders try to make you wait a year, however FHA's requirement is 3 months once you have purchased the home.
How long before you can refinance a car?
You can litterally buy your car and finance it, walk down the street so to speak and refinance imediatly.
How can one refinance a car loan?
After you have reviewed the terms of your existing auto loan, determined if your car qualifies, and decided whether or not it is even worth it for you to refinance your auto loan, all that is left to do is apply at the bank for refinancing and wait for approval.
How long must one wait to refinance after a Chapter 13 bankruptcy has been discharged?
With bankruptcy most banks will not take it into account after 2 years of discharge. Banks look more favorably on Chp. 13 than on Chp. 7's, I deal with many banks who will actually refinance before the 2 year period depending on the circumstances.
When is FBFkids going tocome back?
in 2013 long long long long long time wait and wait and wait
Why might one want to refinance a mortgage at a lower rate?
There are many reasons why someone would want to refinance a mortgage at a lower rate. The main reason to refinance at a lower rate is to pay less interest over a long period of time.
Where can you find a company to refinance your car in California?
There are many different banks in California that will refinance a vehicle as long as the loan to value ratio is within certain limits and your credit is good.
