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Refi question when you have a second loan

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Serendipity
Summer!

Member since 4/07

7631 total posts

Name:
PrayingWishingHopingALOT

Refi question when you have a second loan

Has anyone successfully refinanced their first mortgage recently if they had a second mortgage too (HELOC loan). Thanks.

We were able to do it years ago on our other house to have them subordinate the second loan but was looking for more recent experiences.

Thanks

Posted 10/14/16 8:01 AM
 
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VickiC
Rocking the party

Member since 5/05

4937 total posts

Name:
Vicki

Refi question when you have a second loan

It was 4 years ago, but we were able to refi our main loan with a HELOC. Could be by we refi'd with our current bank who also has the HELOC.

Posted 10/15/16 9:06 PM
 

Salason

Member since 6/05

9878 total posts

Name:

Re: Refi question when you have a second loan

I just did it a few months ago. But the first and HELOC with were the same bank I refi'd through. There was also no balance on the HELOC but I'm not sure if that matters.

Posted 10/17/16 1:36 PM
 

Mrs&MrsK
i need sleep ;-)

Member since 2/14

2008 total posts

Name:
L

Refi question when you have a second loan

yes i did but this was 4? years ago when you could do up to 125% of appraisal value.

the 2nd wont work with you though

Posted 10/19/16 11:19 AM
 
 

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