First Mortgage $189,000 MGC Mortgage Interest Only
Second Mortgage $50,000 First Bank And Trust Interest Only
Estimated Home Value $240,000 Low End $260,000 High End
Now a little about myself, I received a chapter 7 bankruptcy discharge 2 years ago to eliminate some credit card debt, at the time of the discharge neither loan was reaffirmed, as my lawyer stated it would not make sense to do that. Prior to my BK, I was never late on any of my payments both the first, and second, and have continued to be on time, until this date. Since my BK my credit has been on the up it os now at 660, and keeps improving every month.
What I want to do is refinance both the 1st, and 2nd mortgage into 1 payment, and take advantage of the low interest rates.
What are my best options at getting this done??
Are there any government programs that fit my situation?
I will be checking this post often, so if you need any further information from me, please let me know.