Thursday, October 21, 2010

To Refinance, or Not to Refinance...That is the Question!

If have the inclination to pull your house off the market to do a refinance on your mortgage or mortgages, please be careful.  If you are trying to go conventional on the refi then you will have to wait 6 months before you can do the refi.  That’s the bad news!  The good news is that you can do the refi with FHA right now as they have put this 6 month waiting period on hold for now.  The max loan that FHA will do in Anderson County is $271,500.  If you have a higher balance than the $271,500 then you will have to wait the full 6 months before refinancing.

http://www.callnancylamar.com/ for all your real estate needs.

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