Question:
can i consolodate 2 small loans (both totalling 36,000) into my mortgage (i used the money to renovate my home)so when i sell this house the loans go with it.
Answers:
Yes, that is called a debt consolidation home loan/refinance. You will have to qualify for the loan, making sure you have enough equity. Unless you qualify for one of the Obama affording loan programs, you most likely will need at least 80% LTV, meaning if your home is worth 200,000, have at least 40,000 in equity.
Add an Answer
Related Questions
What is an overdraft fee?
|
Answers (1)
interest rate for money markets?
|
Answers (1)
How old do I need to be to open up a bank account?
|
Answers (1)
Top Banking Rates
-
Bank Name Rate
-
Dollar Bank, FSB Savings 1.50%
-
Oritani Savings Bank Savings 1.35%
-
Commerce Bank, NA Savings 1.25%
-
Oritani Savings Bank Savings 1.25%
-
M&T Bank Savings 1.16%
Latest Rate Changes
- Rate Alert – 0.35% – TD Bank Money Market/Savings $1000
- Rate Alert – 1% – Citizens Bank Money Market/Savings $1000
- Rate Alert – 0.8% – Citizens Bank Money Market/Savings $1000
- Rate Alert – 0.6018% – Wells Fargo Bank Money Market/Savings $1000
- Rate Alert – 0.5012% – Capital One Direct Banking Money Market/Savings $1000
About BankAround
BankAround is easiest way on the Internet for consumers to compare, share, and discover online banking services. BankAround presents a new, simple way to identify the best way to manage your money.
More »

