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Do I try and re-fi with a 10 yr Interest only?

Profile picture for Big Poppy

Looking to see if there is any guidence out there.  I have a 10 yr, INterest only at 6.3% and a home equity at a variable rate.  I have been in the house for about 3 years and plan to be there an addition 2 -3 years now.

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April 07 2009 - US
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Answers (2)

Anthony,

I see this is your first contribution to Zillow.  However, if you look around the threads, which I am sure you have, you will see no one offers up their contact info, so please refrain from doing so.  It is against Zillow policy.  Zillow will remove it. 
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April 07 2009
Profile picture for Closed Account2
Not enough information here.  There are options, but there are also a lot of questions that need to be answered first.

Value of home?
Loan to Value?
Missed / late payments?
1st and 2nd with the same lender?
Purchase money 2nd or HELOC?
Do Fannie or Freddie own your loan?

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