Refinancing an existing mortgage from overseas
Hi. We moved to New Zealand last year and put our two houses in South Carolina on the market. They have not sold to date and our mortgage matures (with an owed balance of just under $69 000) in early April. Our original loan covers both properties which have a combined value of about $135 000. We have an excellent history of payment on our existing loan and excellent credit (scores in the 740 range). We are currently earning in NZ dollars and will file a tax return for 2012 in the US with about a third of a years worth of income on it. I'm trying to find a lender that will refinance the mortgage for us.Thank you,Erin by emcker_706_834 from , . Mar 14th 2013
Jenny Baker (mortgagemom)
#71 ranked lender in Georgia - 26 contributions
Since you have two properties on the same loan it makes things a little more complicated. I would start by calling the bank that holds the loan now and getting your refinance options.
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions
Overseas in and of itself isn't an issues... Two properties on one loan, and currently for sale create and issue.
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
It seems as though you have two challenges, overseas, and two properties with one mortgage. I would need some more info on the properties, are they two separate deeds? Same deed? You say you have an owed balance, of 69000 and your loan matures in April. What type of loan is it?Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation.Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com
Peter Savino (855411LEND)
#99 ranked lender in New Jersey - 332 contributions
You have a few issues to cross - I would say the best starting place is the current lender.
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