U.S. a refi more successful if you go through the HELOC bank that denied subordination?
We attempted a refi about 2 years ago but after months of paperwork and the appraisal, M&T refused to subordinate the 2nd mortgage. I recently contacted M&T to gauge how we would fare if we tried again but all they would say is "I really can't say, you would have to go through the process again". I would hate to waste another 4-6 months to end up in the same place. Would it be easier to try and refi our first with M&T or should we just try again with the prior lender? by Melaniedburns449 from Owings Mills, Maryland. Apr 3rd 2015
Jamie Ware (YourMortgageGuy)
#71 ranked lender in Pennsylvania - 44 contributions
The mortgage industry has changed a lot since 2012. It wouldn't take months to refinance and you might have more equity to combine both mortgages into one mortgage. If you need some assistance please contact me directly. #LiveHappy
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
You should reach out to a local mortgage broker who is familiar with local customs and intricacies.. Mr. DiMarzo seems to be on top of current laws in MD.. you should reach out to him. 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
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