2007-02-19 05:55:27 · 2 answers · asked by steph_hackler 1 in Business & Finance ➔ Personal Finance
None that I know about. Most want a first deed of trust with you taking cash out. Once out 24 months then many conforming lenders will do this loan.
I am a mortgage banker in TN & KY
2007-02-19 06:00:50 · answer #1 · answered by golferwhoworks 7 · 0⤊ 0⤋
Not usually a second mortgage but they will refinance you. (It will also depend on the loan to value on your property) You don't say what state you are in, but I would suggest you contact American Equity Mortgage, or First NLC/The Lending Center, or Full Spectrum (Countrywide's subprime unit) for possible loans to refinance. If you have paid all your bills timely for the last year, one of these lenders will help you out. Good luck!
2007-02-19 14:22:08 · answer #2 · answered by MJ 4 · 0⤊ 0⤋