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Combine and Refi at these rates and the programs will work.
Teacan,
The major hurdle: The 2nd mortgage. You can't combine the 2 currently (and I doubt ever will) with this program. You could get the 1st redone (with approvals from Both lenders). Unufortunately, America is finding out that the 2nd mortgages that we were all advised were great, have some drawbacks. Hopefully it will work out, but it will be 2 separate agreements. Each lender can help... It will just be: will they? Good luck.
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Refi options? Will Making Home Affordable Work?
teacando
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