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Michael Rudnick's Answers


Here is my question: would like to refinance my conventional 1st along with my HELOC which would be about 110% LTV. Credit score as of 11/7/11, is 800. Looking for 10 yr fixed to shorten my loans and lower my rates. Our 1st is a Fannie Mae and my husband is a military veteran Thanks!
You should be proud of both your credit score and your husband's military service.That being said, I am not aware of any program that allows you to go over-equity AND combine two mortgages. That would be considered a cash-out loan, and I am not aware of any cash-out programs that would allow you to...

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