Mortgage Forum
Refinancing and/or paying off mortgage
This is a topic titled Refinancing and/or paying off mortgage made in the Mortgage Talk section, belongs to our Mortgage Chat category; I have a 262,000 mortgage on my condo. It is a negative amortization. I have an 80,000 fixed 2nd mortgage on the property. The property, normally, would be ...
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November 5th, 2008, 10:20 PM
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| Senior Member Registered: Apr 2008
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|  Refinancing and/or paying off mortgage I have a 262,000 mortgage on my condo. It is a negative amortization. I have an 80,000 fixed 2nd mortgage on the property. The property, normally, would be worth $380.000 (in today's market, maybe $310.000). Is it possible to refinance to get a fixed mortgage? I am 55 years old and would eventually like to have a Reverse Mortgage but know my condo must be mortgage free. Is there any way I can take out a loan to pay off the mortgage? Thank you. |
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| Topic | Started By | Category | Replies | Last Post |
| Refinancing and/or paying off mortgage | Mike | Mortgage Talk | 0 | November 5th, 2008 07:54 PM |
| Need advice on refinancing my current mortgage | Mike | Mortgage Talk | 0 | July 17th, 2008 05:53 AM |
| How do I discover the best mortgage refinancing for my home? | Mike | Mortgage Talk | 0 | July 9th, 2008 08:11 AM |
| Should I stop paying my mortgage in order to get help? | SuzieQ | Home Mortgage | 1 | June 5th, 2008 01:40 PM |
| Having Trouble Paying Your Mortgage? | Zino | Mortgage Articles | 1 | May 19th, 2008 04:48 AM |
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