Finance Questions Answered:

Archive for October, 2007

Finance Loan Refinance

finance loan refinance
Question: when will a be able to refinance my home?

I just purchased my home. I did a 100% finance with a fixed 30 year interest rate. I dont have any penalties on my loan. Do you think I will be able to refinance within six months or a year with a 100% Finance Loan?

Answer: geeze...soounds like you got a sweeet deal...why do ya want to refi so soon.

you can try in six months but remember your property value will have probably dropped by then (with the way the market is going) - while your loan remains constant...so good luck

good luck

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