http://www.refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased Refinance Information and Deals Sun, 12 Feb 2012 02:58:02 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/comment-page-1#comment-427 Tiko Sat, 27 Dec 2008 14:31:27 +0000 http://refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/#comment-427 When you refinance you would be borrowing how much you owe so the $240,000. You have equity in your house since you owe $240,000 and he ouse is valued at $330,000. However when reffinancing at current market you most likely wont get 90-100% financing so you can up to $50,000 cash out and your new loan would be 290,000. Your mortgage payments might go p a little but you would have $50,000. If you are planing to refinance in California please contact me at I work at a whole sale lender and currently we have a really good loan program so contact me as soon as possible to see if you qualify. When you refinance you would be borrowing how much you owe so the $240,000. You have equity in your house since you owe $240,000 and he ouse is valued at $330,000. However when reffinancing at current market you most likely wont get 90-100% financing so you can up to $50,000 cash out and your new loan would be 290,000. Your mortgage payments might go p a little but you would have $50,000.
If you are planing to refinance in California please contact me at
I work at a whole sale lender and currently we have a really good loan program so contact me as soon as possible to see if you qualify.

]]> http://www.refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/comment-page-1#comment-426 shamieya Fri, 26 Dec 2008 14:26:31 +0000 http://refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/#comment-426 You can reborrow exactly what you owe at a lower rate to lower your payment, (or increase your payment for a shorter repayment term) or you can borrow more that what you owe, up to what the house is worth (some let you borrow more) and get cash out to pay down other higher interest debts. It's your choice! You can reborrow exactly what you owe at a lower rate to lower your payment, (or increase your payment for a shorter repayment term) or you can borrow more that what you owe, up to what the house is worth (some let you borrow more) and get cash out to pay down other higher interest debts. It’s your choice!

]]> http://www.refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/comment-page-1#comment-425 beachlover Wed, 24 Dec 2008 16:35:40 +0000 http://refinance--blog.com/renting-real-estate/when-refinance-i-borrow-more-or-less-from-bank-if-my-house-value-increased/#comment-425 when you refinance if you are not looking for cash out you only refinance the amount left so if you owe 240,000 you refinance 240,000 if you have paid down the principle it will be lower. If you have an arm how close are you to the adjustment. and at what rate you may be able to get a great fixed rate and avoid the interest rate raise the fact that homes are selling means to you you may have equity and if you are paying PMI it could drop away since you have over 20% equity when you refinance if you are not looking for cash out you only refinance the amount left so if you owe 240,000 you refinance 240,000 if you have paid down the principle it will be lower. If you have an arm how close are you to the adjustment. and at what rate you may be able to get a great fixed rate and avoid the interest rate raise the fact that homes are selling means to you you may have equity and if you are paying PMI it could drop away since you have over 20% equity

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