Can I refinance my converntional loan and my heloc to have one loan at a lower rate?

You can't have a 100% loan to value loan when you are combining a first and a HELOC.

We can refinance your 1st mortgage, however since you owe more they the appraised value you can't finance both loans at this point. To discuss more please contact me at dkester@thelendingco.com or 480-284-5254.Thanks,

When you pay off a HELOC or second mortgage on a home by combining the loans together you are actually doing what is considered a cash out refinance. Your value for you home would need to be 307k in order to cover the amount needed to pay off the HELOC. It looks as though your appraisal is at 280k which means you would need to cover the balance plus cost for the loan in cash.

Are you a Veteran? dkester@thelendingco.com

you may qualify for a 100% loan that i can get you However you will have closing costs that you will have to pay at closing.Your credit score is good so that will help you. I would have to have more information on your property and where it is located in Arizona. Our company is licensed in AZ, so give me a call at 540 293 9296 Ask for Gordon Dempsey

Unfortunately in today's lending world, lenders are not making loans where the loan-to-value exceeds 100%. Based on your information, your loan-to- value is almost 110%. However, it may be possible to refinance the First mortgage into a lower rate, and obtain some cash out to reduce the balance on the second HELOC. If I had moe details, I could provide you with better options. Please give me a call at 480-889-9000.