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HELOC

Our 10 year interest only period in ending on our HELOC and we will not be able to afford the larger payments. What are our options??
By kimmiee21470 from MA Apr 3rd 2014
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Refinancing the HELOC. If you have a current first mortgage, you may want to look to consolidate both if you have enough equity. Please contact me at rshapiro at assetmortgage dot net to discuss further

Apr 3rd 2014
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You can refinance the HELOC into a new HELOC; the costs should be minimal. Or depending on the terms of your first mortgage, you may want to refinance the first and second mortgage together into a new first mortgage.

Apr 3rd 2014

You can try to refinance the HELOC or if you have a first mortgage you can look into combining the two with a refinance. Contact a loan officer that does MA to discuss your options. Good luck!

Apr 3rd 2014
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Refinance the HELOC or roll it into a new 1st mortgage. There are Interest Only options available still on new first mortgages. Rates generally in low 3's.Lending Nationwide. VA, FHA, USDA, FNMA, FMAC, Reverse, Commercial, SBA, Jumbo. 877 890 3892 / john.bates@cbcnationalbank.com

Apr 4th 2014

You may have quite a few options. Please make sure that you speak with an experienced lender who will lay out various options and intelligently discuss the pros and cons of each with you. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Apr 4th 2014

It really depends on your Loan To Value, Credit scores, etc. to see what you could be approved for, but essentially the options would be refinancing 1 or both existing loans. I'm licensed by the MA Division, reside in central MA and have the programs that can make a difference. With a few questions answered I can send you specific options - don't hesitate reaching out.

Apr 4th 2014








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