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Refinance with negative equity

Refinance with negative equity

This is a discussion on Refinance with negative equity within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Q : Due to the market decline, is it possible to refinance an existing loan if the property now has ...

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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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04-29-2008, 03:21 PM

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Refinance with negative equity

Q : Due to the market decline, is it possible to refinance an existing loan if the property now has negative equity? A : Negative equity? Make sure this is the case by getting a market value opinion from a Real Estate agent who knows ...

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equity, negative, refinance

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