HELOC preventing homeowner from refin...

HELOC preventing homeowner from refinancing

There are 2 comments on the Daily Breeze story from Nov 5, 2010, titled HELOC preventing homeowner from refinancing. In it, Daily Breeze reports that:

Q: I currently am in year five of a 30-year mortgage at 5.4 percent. My home is valued close to $400,000 and I have $230,000 left on my mortgage.

Join the discussion below, or Read more at Daily Breeze.

Confused

United States

#1 Nov 5, 2010
"Only" making $60,000 per year? A) That's a darn good income. B) That's perfectly enough to support a $230,000 mortgage with these insanely low rates available. Dear writer, do not listen to Ms. Glink's advise. Go ahead with the new loan, shorten your time to have this debt and pay less interest. Heck, even if you have to beg, borrow, or st.....get a second part time job, in the long run you'll be really happy. Try and get the 15-year if you can. Lie about your income if you can get away with it.
Daniela

London, UK

#2 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/EvYZBe ) too my friends and family.

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