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Can I refinance on a rental property right now. I have a first and second. mortg.

I have a first mortgage of 401,000 and a second of 45,000.  The a.r.m. on the first will adjust in 2011 and the second is 11.9%.  Due to the fact this is a rental property and it has a jumbo loan tagged to it.  The house is worth approximately 246,000 per this site.
  • March 04 2009 - Woodland
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Answers (1)

Unfortunately, these circumstances have very little help, if any at all. There is no help that I'm aware of that helps non-owner occupied property.
  • March 05 2009
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