Jumat, 25 Mei 2012

Q&A: Refinance Car BEFORE or AFTER trying to obtain a mortgage?

Question by Iamme1979: Refinance Car BEFORE or AFTER trying to obtain a mortgage?
Husband is trying to refinance his car, and his bank can DRASTICALLY lower the interest rate. BUT they wont cover the full loan. Leaving about 11K financed, and almost 2K on a separate unsecured loan (because a little upside down on carnote because of high interest rate). Is this NOT GOOD to do before trying to obtain a mortgage in 6 months!? We dont have GREAT credit, but it's FAIR, and will have 3-4% down

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