Thank you Justin.
Correction, I have a 1st mortgage (550k) with Chase and a HELOC (330K) with BofA on my residence. Is there any lender who will allow me to refi just the 1st mortgage if BofA agrees to subordination?Thank you.
I spoke to a Chase mortgage rep to day about refinancing my loan and he said the jumbo loan limit is $417k.However, bankrate.com shows that for California, the limit is $625,500.Thanks.
Hello,I have a 1st jumbo mortgage and a HELOC on my residence. The combination of both debts exceeds the value of the home. Assume I can get the HELOC subordinated for the refi, is there a lender out there who would allow a refi of the 1st mortgage in my situation?Thank you.