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The owed amounts have to be disclosed in order to compute the best loan.
Increased equity value or income is subject to change (decrease?) not fixed
guaranty.
"KS" <Kurt.Stache@gmail.com> wrote in message
news:1156113177.891793.12960@p79g2000cwp.googlegroups.com...
> One mortgage company is offering to consolidate 1st mortgage,
> 2ndMort(line of credit), few credit cards into one loan without the
> "Pre-payment" penalty at 7.95% fix for 30yrs.
>
> The current situation is as follows:
> 1st mortgate at 5.10% 30yrfixed
> 2nd mortage(line of credit) at 9.10% variable (1.75%+ prime)
> creditcards apr ranging from 11- 24.99%
>
> Would it be beneficial to REFI at this point ? or just wait for another
> few months (say 4months) where equity would be much higher and total
> household income would be greater?
>
> feedback appreciated.
>
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Re: Opinion
