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 Posted: Thu Sep 25, 2008 7:31 pm Subject: Ability to refinance your homeafter enrolling in debt consol |
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I currently have an arm coming due in 2010 on my home and will need to refinance my loan
If I enroll in a debt consolidation program, will I still be able to refinance my loan while I'm enrolled in the debt consolidation / restructuring program?
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maxwell
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Debtcc Points: 100
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| Posted: Fri Sep 26, 2008 12:06 am Subject: |
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I don't think so because debt consolidation | Quote: | | may make it difficult to qualify for new credit. |
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angelinahill4u
Joined: 20 Jun 2007
Posts: 68
Debtcc Points: 891
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| Posted: Fri Sep 26, 2008 7:18 am Subject: |
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I doubt it since you are already in a debt cons program they are not going to want you to get into any more debt if I am correct. Others will be along to advise further.
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ladybug
Joined: 29 May 2007
Posts: 2745
Debtcc Points: 24743
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| Posted: Fri Sep 26, 2008 7:41 am Subject: |
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If it's a debt management plan and you finish the program before you refinance, you should be okay.
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desperatelyseekingsanity
Joined: 09 Jun 2007
Posts: 643
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