Combination loan with 1st and 2nd in CA

Hi there,It will depend on your equity position. It will be considered a cash out refinance. How much do you owe on the first and second individually? Thanks, Todd Windes LLG

Hello,Yes as stated below it will be considered Cash Out and will depend on your Loan To Value (LTV). We have Jumbo loans up to 85% LTV. Also, depending on the county and your loan balances, you could fit into High Balance tier. Feel Free to contact me, Cindy MacDonell CMG Financial at 707-781-8185

As long as you dont owe more on the 2 loans than the home is worth and you have a decent credit score we should be able to get you qualified if the income supports the loan you are requesting. Justin Murray / JMurrary@WintrustMortgage.com

It's possible, but we need more info to advise you properly.. for this reason, I suggest you contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. 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 NMLS# 226347

What is your property value ? I can do that up to 90% LTV on a good FICO. Thank You Vadim

Hi Greg. I would need to know the balance of both loans and see what your home current value is. There are a few options for you depending on your loan to value and credit score Any chance you are a veteran? Please give me a call and we can go over the options. Michele Clark949-338-8814

Hi Gregory,As stated within the thread, it will be considered as a cash out refinance. Approach your chosen lender with the balances of both loans and your fico score. For a FREE CONSULTATION call me at 424.256.6510. -Jocelyn

I'm a mortgage lender in the BayArea Oakland, CA I can help you with a refinance loan to combine the two mortgage loans. 510-704-3445