2007-05-05 00:38:00 · 12 answers · asked by fatimahester 1 in Business & Finance ➔ Renting & Real Estate
No !
Or... yes, but you'll need a co-signer.
2007-05-08 05:14:02 · answer #1 · answered by Jimmy John 3 · 0⤊ 0⤋
If this is a new mortgage, refinancing isn't going to resolve the problem. Also, anytime you go past your due date, you are paying additional interest every day until it is paid. It's called pre diem. If you're young, there are some mortgage companies that will go 40 or even 50 years. Make sure it is a fixed rate and ask if you can pay down the mortage because you are paying mostly interest on the first half of the life of any loan.
2007-05-05 21:10:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It is hard to say with the limited information that you have given. You certainly haven't done any favors for you rating. If you are trying to refinance to get a lower interest rate it is doubtful you will get any takers. If you are doing it to get more money your best bet is you present company.
If you are consistantly late the company is making extra money from your late payment. Being late is one thing. Missing a payment is another, and a killer. That could kill any chance you might have.
2007-05-05 00:48:46 · answer #3 · answered by ttpawpaw 7 · 0⤊ 0⤋
Depends, are you more than 10 days late every month. Most mortgage loans have a 10 day grace, if paid within that 10 day grace it will show on credit as paid. If past the the 10 day each month, it will show slow pay on credit history, this could affect you on future loans. If past 30 days, it will kill your credit, and will affect future loans. Refinancing allows a source to look at your use of past credit.
2007-05-05 01:06:20 · answer #4 · answered by tincanbaby 1 · 0⤊ 0⤋
you do not signal loans for persons who you're not any more married to. It does no longer count number that he's your infant's daddy. there is not any way that you may want to help him besides. To qualify for a loan you want a minimum of two years of adequate income in a good job or an similar marketplace. you do not have that. His mom would pick off the loan yet there is not any longer something he can do to take her off the loan. on condition that she is paying previous due, he might want to pay the loan on to the loan organisation.
2016-11-25 19:54:49 · answer #5 · answered by ? 4 · 0⤊ 0⤋
depends, on who you try to refinance it. If you are having trouble meeting your payments , you might be able to get someone to refinance for you and cut the interest.Have you tried telling them you are having trouble meeting this payment and you need to see about getting a lower payment plan?
2007-05-05 00:49:55 · answer #6 · answered by bbw 3 · 0⤊ 0⤋
ummm, no. You need to pay on time and maintain good credit. If you try to refi now and are consistently late you will either not qualify at all OR you will probably have to give up your first and second born in points and rate.
2007-05-05 00:55:12 · answer #7 · answered by Anonymous · 0⤊ 0⤋
No. do you have rocks in your head? paying late is killing your credit and they will check it to refinance.
2007-05-05 00:41:41 · answer #8 · answered by island3girl 6 · 0⤊ 0⤋
http://refinance-mortgagerates.blogspot.com/
2007-05-08 02:35:51 · answer #9 · answered by karan_herono1 1 · 0⤊ 0⤋
Yes email me for more details
rondel@1stmdloans.com with lates in subject line.
2007-05-05 05:59:10 · answer #10 · answered by ron d 3 · 0⤊ 0⤋
no, thats what they go buy when you refinance.
2007-05-05 00:48:32 · answer #11 · answered by skull5142001 2 · 0⤊ 0⤋