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Refinance Questions?
What do I need to know to refinance a condo?
visit http://www.1stlibertymortgage.com and look around. reference chris
References :
http://www.1stlibertymortgage.com
You need to email Jeremiah_2012@yahoo.com
References :
Refi is essentially making a new loan . . .
Same process as your original loan . . .
You’ll have to be reworked – any new debts ?
Is your debt to income higher or lower ?
Higher debts = higher loan rate .
Lower debts (better FICO) maybe lower rate ?
Try to maintain at least 20% equity or else you’ll be stuck with PMI and that is a total $$$$ flush down the drain.
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