Your Questions About Current Mortgage Refinancing Rates

Joseph asks…

Would refinancing my mortgage affect my title or current title insurance?

I’d like to take advantage of the low interest rates but, unfortunately, I’m also involved in litigation with a neighbor where I’m represented by my title insurer. Would refinancing my mortgage now disrupt that coverage in any way?

answers:

If you are involved in a legal matter and the property is involved, then you would not be in a position to refinance.

Lenders would only lend on property that is not in litigation and have a clean title.

I hope this has been of some benefit to you, good luck.

“FIGHT ON”

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