Thursday, March 18, 2010

Open Question: Mortgage dilemma- How do I refinance a 2nd mortgage when I don't have much equity?

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I'm agitated in with my fiance, and we NEED to refinance both his 1st and 2nd mortgages to intend his X-wife soured the deed/mtg. We are essentially purchase her out for nothing, but every pledgee we speech to can't refinance the 2nd mortgage or consortium the loans because he doesn't hit a lot of equity, and the X module definitely not concord to meet on the mortgage. What are our options for refinancing when we're at most 95% equity? Would an bureau loan cover up to that much? PLEASE HELP!!!
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