Yes, you can. It is beneficial right now if you currently have a line of credit on the 20%, since those rates are adjusting. But, depending on your home value and rate on the first, you may want to look into refinancing both loans into one loan.

Yes, but if your property has appreciated in value, you might want to refinance the whole thing in order to get rid of any potential PMI. I suggest Hometown Banc Corp. My mom used them. They may be your best opportunity for someone to say yes. If your credit does not measure up, they don’t simply “forget to call you back.” They help you get into a credit repair program you can afford regardless of income. Check out the free evaluation form at and a Hometown loan officer will contact you .

Absolutely.