Short Refinance

Has anyone ever done a short refinance? Any suggestions on how to approach a lender with this idea?

Comments(3)

  • airamos8th December, 2006

    I am interested on short refis as well. Any advice on the process, tips, & tricks would be appreciated. Thanks

  • TheShortSalePro9th December, 2006

    I inferred the question to be how to approach a foreclosing lender with the idea of permitting a refinance of a foreclosed mortgage... with another lender. Since the existing mortgage was a high LTV (maybe 90%, 95% or 100% or more) it would have to discount to facilitate a new loan from another lender.

  • mcole10th December, 2006

    Good point, ShortSalePro. I was looking at it as a completely different scenario.

    : )

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