Is it possible to combine 1st and 2nd mortgage into... - Loan Modification - Free Foreclosure Help

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03-21-2009, 07:32 AM

Pinkadot

Junior Member

Join Date: Mar 2009

Posts: 1

Is it possible to combine 1st and 2nd mortgage into...

...one? We have about 8 years left on our first mortgage (owe about 64K) and just refied our second (at 98K) for 15 years. Since we have at least 15 years left on the second, would it make sense to refi them both for 15 and get lower payments? The first is 4.875% fixed and the second is 3.09% variable...

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