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can i refinance my mortgage loan to get rid of a balloon payment

by dianateeters from Mansfield, Ohio. Mar 28th 2011 Reply


Michael Bardy (LendingPro)
#25 ranked lender in Ohio - 72 contributions

By all means you can do this and unless you plan to sell the home, it is the only way to handle it. I would be more than happy to assit you. Your timing on your inquiry is superb as our current interest rates are the lowest we have offerred in the past 6 months. Please feel free to email me MBardy@ProsperityLendingTeam.com or call us at 877-730-6008 x 2. We are availble until 8pm (E) time and look forward to earning your business.

Mar 28th 2011
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Patrick McCarthy (PatrickM)
#23 ranked lender in Ohio - 196 contributions

Hi Diana. Just because you have a balloon payment due at a certain date, doesn't mean you can't talk to your current lender to have that part of your loan modified or extended. You may want to refi if your current interest rate is not as low as the current market rates. Without knowing more, I can't be more specific. If you would like more pertanent info, feel free to contact me, as we lend in 47 states and I may be able to give you more precise advice once I have the complete picture. There is no obligation to talk about it.Hope this helps. Patrick@Northpointe.com, 866-901-3576

Mar 28th 2011
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Joe Shamie (Joe Shamie)
#4 ranked lender in New Jersey - 1,412 contributions

Yes you can. Call me for the lowest rate and fees to help you accomplish this. Joe Shamie 877-662-3321 x-102 jshamie@usmtgcapital.com. Check out my reviews and testimonials on this site. You can do so by searching for my name in the search box above and clicking on the first search result.

Mar 28th 2011
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Sep 9th 2012
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