if I refinance a non-recourse loan....

[stellasimpson11]

Hello, if I refinance a non-recourse loan, the loan stays as a non-recourse loan, if I only refinance the balance of the loan, without taking cash out, or adding more things on the loan? Refinanced loan will combine the first and second mortgage into one. What about the closing cost, title insurance, escrow, etc, that will be added on the refinanced loan, does that effect the loan to change from a non-recourse loan to a recourse loan, since more things are added to the original loan balance from the first and second mortgage?

[lisare]

There are lot of ways to ones problems and you can solve them easily one you have better suggestions ….like the ones above…keep going mate ;-)