Jul

20

can you refinance a home equity loan to lower the payments?

Filed Under mortgage 

erieanna c asked:


My mother signed a home equity loan with my grandfather who has just passed, and I am trying to help her pay the bills but the payment on the house is too high. If she refinances could her payment go down? Are there any other options, or any kind of loans or help from anywhere? I am totally clueless this was very unexpected.

Dorothy
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    • Comments

    2 Responses to “can you refinance a home equity loan to lower the payments?”

    1. shiprepairwoman on July 22nd, 2009 8:36 am

      If she has the income she can get a different mortgage and they will pay that one off. If her interest rate goes down and fees aren’t high the payment could be less.

    2. Goofy-footer on July 24th, 2009 3:41 pm

      Hello, I am sorry about your grandmother and you are such a great daughter to help her out. You can get a free consultation at 310-755-5330 and they will help you with your situation.

      God bless, maybe this is not a mere coincidence, I am just browsing and I found your question. God work in mysterious ways to help people.