Can I Do A Cash Out Refinance On A Rental Property? Can I do a cash out refinance on a rental property? Investors are normally required to wait six months before refinancing a rental property. However, the delayed financing exception allows real estate investors who originally purchase a rental property with cash to do a
Can I Refinance My Manufactured Home? Can I refinance my manufactured home? You can refinance a manufactured home and roll in the cost of converting the home and land into real property. For example, if you financed your home and land with the manufactured home company, you can pay off their loan and include the
Can I Refinance My Mortgage While My House Is For Sale? Can I refinance my mortgage while my house is for sale? It’s possible to refinance your loan if your home is on the market. However, finding a lender that’s willing to work with you may be difficult. Even if you find a lender willing
Can I Refinance A First And Second Mortgage? Can I refinance a first and second mortgage? It is possible to refinance first and second mortgages, combining them into one. Approval is contingent on the age of the second and how much equity is in the home. Refinancing to combine first and second mortgages is often
Can I Refinance If I Am In Foreclosure? Can I refinance if I am in foreclosure? Can I Refinance While In Foreclosure? It’s not possible to refinance while you’re in foreclosure. If you were to refinance, the best option is to be current on your payments and refinance into a more affordable payment before you’re
Can You Sell Your Home After You Refinance? Can you sell your home after you refinance? You can, technically, sell your home immediately after refinancing, unless your new mortgage contract contains an owner-occupancy clause. This clause means you agree to live in your house as a primary residence for an established period of time. How
Does Freddie Mac Do Loan Modification? Does Freddie Mac do loan modification? Fannie Mae and Freddie Mac offer loan modifications to eligible troubled borrowers so they can avoid foreclosure and stay in their homes. What qualifies you for a loan modification? Who is eligible for a loan modification? To qualify for a loan modification, a
Can Camper Be Repoed If Lived In? No, the fact that you live in personal property footess not change it into real property, meaning the lender can still just repo it. How can I get out of my RV loan? Let Your RV Get Repossessed. This might not be what you want to hear, but