Can I Refinance My Mortgage if I Have Bad Credit?
If you’re hoping to refinance your mortgage, but are worried about having bad credit, there’s good news and bad news. The good news is that you can get a new home loan, and bad credit alone won’t stop you from refinancing your existing house note. The bad news is that a poor credit rating will […]
Can I Refinance My Husband’s Mortgage By Putting My Name on the Deed?
A reader of AskTheMoneyCoach.com wanted to know whether or not they could do a certain maneuver in order to refinance a home mortgage. Here’s the person’s question: Q: Is it possible to temporarily transfer the title to my husband’s home into my name? This way, we could refinance with my credit scores. A: Unfortunately, what […]
My Credit Score is 610. Can I Refinance into a Fixed Rate Loan with My Score?
Q: I have an arm at 6.5% that adjusts in august. My credit score is 610. Can I refinance into a fixed rate loan with my score or should I consider another arm? A: As of January 2010, fixed-rated mortgages dropped to about 5%, a very attractive rate for homeowners thinking about refinancing. However, those […]