Asked by Cecilio  |  Submitted December 21, 2015

I owe 205,000.00 on my mortgage the home is appraise at around 385,000. I would like to refinance and take $70,000 out to buy my wife out.

My FICO score is in the mid 700ers an annual income of over 100,000. Is it possible need to have this done within the next three months.

Report Question Report

  Leave Answer

Log in or sign up with email
By submitting you agree to our Terms of Service

  Answers  |  2

December 22, 2015

Ok, Have you contacted a lender yet? That would be your first step. Where are you located?
C

Cecilio | 12.23.15 @ 15:54

I'm located in Shawnee Kansas, no I haven't contacted a lender yet. I'm asking the the question to see what are my chances of a positive results.

$commenter.renderDisplayableName() | 01.22.17 @ 14:38

{comment}

December 22, 2015

$1781 is my guess on your total Payment with taxes and insurance no HOA. If you are making $8300 a month that ratio is 21 percent, leaving plenty room for bills to go to 45 maximum debts. Happy to help you, sounds like you are going through a divorce, I am so sorry. Try and make it peaceful to avoid big legal fees

$commenter.renderDisplayableName() | 01.22.17 @ 14:38

{comment}

  Our Professionals Are Available to Help!

  Can't find What You're Looking For?