we took out a 80K heloc on our home to consolidate credit card debt. Can we change to a 15 or 30 year mortgage
by Mortgage Rates on Monday, September 27th, 2010 | 3 Comments
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If you have descent credit and sufficient equity in your home, you should be able to re-finance.
First contact a bank and find out if they can do it for you.
If the bank can’t do it, call a mortgage broker.
Good luck.
You should be able to refinance at a fixed rate loan. There will be fees involved in doing this. You can talk to your current lender or shop around for something better. I like to use the website bankrate.com to shop for rates and their is also a lot of good information found there.
it depends on where you are located. I can arrange for refinacing at a better rate if you want more information call me at
00-44-208-631-5403
John.Miller@housetechconstruction.com
Property Investment Consultant
Finance Assistance U.K.