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Open Question: How can you refinance a home loan with a NEGATIVE equity?

Open Question: How can you refinance a home loan with a NEGATIVE equity?

This is a discussion on Open Question: How can you refinance a home loan with a NEGATIVE equity? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Adjustable rate has taken our mortgage payment from $1,800 per month to $3,000! More... ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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10-30-2007, 11:51 AM

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Open Question: How can you refinance a home loan with a NEGATIVE equity?

Adjustable rate has taken our mortgage payment from $1,800 per month to $3,000!

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equity, home, loan, negative, open, question, refinance

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