How long before we can re-finance our home?
594405
You can always refinance.  If your current loan has a pre-payment penalty, that may apply however.
480501
I have been wondering this myself.  You are so right, life isn't sure at all.  I have a lease where I am at until December and he has a lease where he is at until October.  ... I would like to buy a house in a couple of more years and I am not sure when it would be good for him to move in or if we will even still be an item.  It is just something out there.  Guess you just have to go with what you feel is best.
913295
Easy, as much as you can afford!, \n\nAt the minimum I would suggest no less than 25% but the more you put on, the less interest you will pay in the long run and you will be mortgage free years ahead of schedule!\n\nWhen we brought our first house we put every cent of savings we had on to the deposit (dont be fooled going for the minimum payment, it adds thousands to the interest!)\nwe also went for the shorter term (25 years instead of 30) to help force us to pay it off quicker (you can always re-mortgage if you get in the poo).\nAnd then we proceeded to put 50% of our income on it for the first 3 years, we have now lowered our payments as we are traveling and renting the house out, but once we return we will put the payments back up.
1087331
probably not. bankruptcy needs seasoning in order for you to be eligible to get another refinance or mortgage. if its within the past year then it's too soon.
769801
Sure you can... talk to a discount broker. You can also throw your money into your trash can for faster results.
645115
There is not a certain length of time you need to wait to repurchase another home. There are some lenders that will allow you to get another mortgage very shortly after a foreclosure. Some have even gone so far as to accept a person that has completed a bankruptcy, the can get a loan after being out of bankruptcy for one day.\n\nWhere this 7 year thing comes in is that your foreclosure or bankruptcy will stay on your credit report for 7-10 years. In the past most lenders would not take a chance on you because of your credit, but things have changed and now there are some willing to take a chance on you.\n\nNow the thing you have to decide is if you want to pay the higher interest rate you will have to pay for you not protecting your credit and getting a negative on your report such as a foreclosure or bankruptcy. \n\nIt is worth it in my opinion and is better than paying rent to someone else where you derive no tax benefits and you own your own property with all the tax benefits.\n\nThere is another thing that you must remember also, all the interest and certain points and closing cost are tax deductable on your federal income tax. Check the itemized deduction page of your federal return it will say all interest you have a form from your mortgage company for then all interest you do not have a form for a mortgage company, below that is another line for points and other fees you paid to secure your loan. (Please check with your tax preparer or CPA for any tax advice) \n\nSo with that being said I see no reason for you not to purchase a home again as long as you are able to maintain the monthly payments, property taxes and annual insurance policy that is required by the mortgage company.\n\nYou should check with a mortgage "Broker" that have programs for those individuals that have had a foreclosure or bankruptcy, tell them up front about your credit problems. There are some mortgage "Brokers" that specialize in individuals with poor or no credit. Make sure that you get one that specialize in these type loans, other wise you are wasting your time.  \n\nOnce you have successfully made your mortgage payment for a complete year at the high rate you will have, you may refinance to a lower rate if you so desire. The key here is that you must have paid your mortgage on time without a 30 day late.  \n\nI hope this has been of some use to you, good luck.\n\n"FIGHT ON"
339953
Call a random mortgage company and ask them this question.
907320
from my point of view,i just refinance my house and from 3 people that i saw to do that,nobody told me that i can actually save the money i'm going to spend in closing costs,by the 1 or 2 months that you are not going to be having payments until the new effective due date from your new loan payment
33824
Should have posted this in the Finance area. LOL\n- I found this. Check this out: http://www.reversemortgage.org/
896602
You say you're behind on your bills and you don't mention rent so, am i safe in assuming you own your home outright?\n\nIf this is the case you can speak with your bank and remortgage. There will be some conditions, as it appears neither of you are currently generating an income. If you are working (Even part time), this will make getting the refinance, a great deal easier. \nUtilities companies are more flexible than most people realise. You can make payments on a regular basis, to repay outstanding amounts.\nLoan companies are less understanding as they make their money through interest, not the supply of goods or services. So if you owe money to a loan company you should look at using the equity in your home to group ALL debts into one loan (this can often save thousands of dollars). You may find that after you do your figures it may work out better for you whether you needed to do it or not.\n\nIf you don't own your home. There is not a lot that can be done other than approaching charaties or Gov't assist of some type.
285412
It depends on if the loan processor has any hold-ups with outside forces (title companies, appraisers...). Also, if you need to provide any documentation, it's in your best intrerest (pardon the pun) to get that in A.S.A.P. I would expect anywhere from 15 - 45 days
461132
I am a mortgage specialist.  Many communities use these grant monies to induce people to move into certain areas of a city or state.  General restrictions are that the home owner must live in the property for 10-15 years.  If you sell or refinance within that period, generally the grant amount must be repaid back to the municipality that granted it.  If you need more information, please contact me at wwi_2@yahoo.com
149330
I dont think you have any time.  If the house was lived in less than two years, you always pay capital gains. Always check w/ your financial advisor or lawyer, but I think the min. is two years.
547333
We bought a foreclosed home last year.  There was some extra paperwork to sign, and it took an extra 6 weeks to get a closing on a cash deal.  The house had been vacant for 2 years and had not been well maintained prior to that.  Once the power was turned on the hot water heater, furnace, and fridge did not work.  We were able to fix the water heater for $20 in parts and the furnace for an $85 service call.  We had to buy a new fridge.  We have had a slew of plumbing issues.  We have replaced all of the floor coverings, some drywall, fixed the roof in a couple of spots, gutted the kitchen and bathroom.  We have done all of the work ourselves (other than the service call on the furnace and one niggly little spot on the plumbing) and saved a ton of money.  With all of that we have still invested less than half of the market value of other homes in our area.  We are almost done with the renovations, and it is beginning to feel like home.
748730
You house has to be off the market for 6 months to get a normal Fannie Mae loan.  It is a Fannie Mae guideline.  You can get private or non-conventional mortgages but they'll be at a higher rate.
291541
For at least six months out of the year, with you contributing the majority of support.  It does not have to be a relative either, anyone living in your home qualifies.
1029566
join a local credit union and see what they can do for you.  i had a 18,000 loan on a van for 5 years and after 1 year of payments, they were willing to re-finance it for another 5 years at the original rate.  due to the 1 year of equity, my payment would have dropped to somewhere around the 200 area.  but, i chose to refinance for just 4 years so i could get a lower rate.  either way, join your local credit union.