Forgotten Your Password?

Need to Register?

Question Icon

Can I refinance a home equity loan?

I have a home equity loan with Citizens Bank @ 6.7,can I refinance that? by mbserene98 from Boston, Massachusetts. Jul 1st 2010 Reply


Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions

Yes you can, use the "find a lender" tab above to find someone in Boston. I would recommend Andrew Adams or Rich Shapiro.

Jul 1st 2010
1
0
Richard Shapiro (RShapiro)
#12 ranked lender in Massachusetts - 71 contributions

You should at least investigate....

Jul 1st 2010
0
0
Brett Pehrson (brettpehrson)
#19 ranked lender in Utah - 228 contributions

In case you didn't already hear, yes you should at least investigate. If you consider consolidating it with your first mortgage and you have a higher Loan to Value, you may want to look into FHA loans, if you qualify; this may allow you to refinance the first without the "cash out" penalty of a slightly higher rate.

Jul 1st 2010
0
0
Subscribe to our news feed.