Profile picture for cdfla

Is there any chance of refi'g an I/O loan to a lower rate, amortizing loan if you are at 135% LTV?

Good credit (725), primary residence...just want to avoid the payment jump in 5 years to a 20 year amortizing loan byt starting amortization now at today's lower rates....
  • July 01 2010 - Seminole Heights
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Answers (1)

Profile picture for Doug Katz
There are a lot of variables, such as what rates were at the point you got the original loan.  No matter what, however, your LTV is going to be problematic.  You really need to have a [self-promotional link removed by Zillow moderator] take a look at your options.
  • July 01 2010
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