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Open Question: Where is the best place to refinance?

Open Question: Where is the best place to refinance?

This is a discussion on Open Question: Where is the best place to refinance? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; I have 2 mortgages(interest only) on my condo with a total of 138,000. I want to refinance to lower my ...

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07-22-2008, 03:17 AM

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Open Question: Where is the best place to refinance?

I have 2 mortgages(interest only) on my condo with a total of 138,000. I want to refinance to lower my interest rates but I was told that it will be hard for me to combine my loans because the price of my condo is lower the total of the loan because of the market today. (It's 130,000 now). Is there a way for me to refinance this into 1 loan since I have a good credit anyway? I'm thinking of including the closing costs to the loan. Does anyone know a good bank that could handle this?

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