this is weird but is it possible to consolidate a first & secons mortgage?

If I'm understanding your question correctly, you want to cross collateralize both properties and have one payment. The answer is yes you can do that but frankly it will be at a much higher rate and probably some type of ARM product. It seems to me the best method would be to refinance the home you live in and pull out as much cash as necessary to to pay off the Az. property. Then you will only have one payment at a low owner occupied rate. So the next question is how much do you owe on each property and what is the current value of each property?

If the AZ property has enough equity to refinance as a rate and term or if it qualifies for HARP, you could potentially refinance that property to lower the rate/paymentIf the California property has enough equity, a cash out refinance to pay off or pay down the AZ property would also be an option. Without having more information, it is difficult to comment any further on this scenario.

There are several options including doing a blanket loan covering both properties. You can contact me off my page if you would like to see what all the options are. I am familiar with Bullhead also. Good luck!

Yes it is possible to combine them, but how you do it depends on all of the factors, of which we currently have very few. You need to work with someone that is licensed in both states, and I am. I would be happy to help you figure out the best way to accomplish what you are trying to do. Please reach out to me so we can get your solution in place as quickly as possible. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950

You can NOT get a Fannie Mae / Freddie Mac mortgage loan that covers two separate properties. If there is room on either one of the homes between what the home is worth, and what you owe to take enough money to pay off the other house, than sure, that is possible. Talk to a local mortgage broker in your area for more assistance. In MN, SD, and WI - visit www.StPaul-Mortgage.com

You can refinance both of them independently of each other, but there are no conforming loan products that allow you to combine two properties into one mortgage. there are portfolio lenders who might allow this, but the rates and fees are no where close to conforming (Fannie / Freddie) so your better off not going that route, and realistically, you wouldn't want to.. if you're unable to make your payments, which property does the bank foreclose on? If they did allow this, you could stand to lose both properties if something were to happen and you were unable to make your payments.. it's best to do them independently.. if you would like, I can help you with the Bullhead City AZ property.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com