I have 2 mortgages and less than 7 years to pay on them. The first is 7.5% and the second is higher. I have never missed a payment, but would like to combine both mortgages without all the fees, appraisal, etc. Any advice?

it should not be a problem. you can refinance both loans into 1, as long as the vlaue is there to combine both, if not you can use the HARP program if the loan is guanteed by Fannie or Freddie.you can refinance up to 95% Loan to Value and roll in all closing costsemarez@thefederalsavingsbank.com301.535.2912

It should not be problem to combine both of your mortgages into one as long as the value is there. You can reach me 904-332-7808 or bbales@firstoptiononline.com

You should be able to find a lender in Florida that combine your first and second mortgage at no cost and reimburse you for the appraisal costs (assuming that qualify based on your credit score and other factors).

The fees can be covered by the lender for the right interest rate. Based on the rates you are paying there should be a solution that will make financial sense, provided you qualify and the remaining balances on these loans are high enough to provide significant savings. Feel free to contact me if you'd like to discuss your options.