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This is a discussion on HELCO and refinanced cash out saame time within the Stop Foreclosure and Tell Us Your Story forums, part of the Foreclosure Forum category; HELCO and refinanced cash out saame time I refinanced cash out and after that same time set up HELCO with ...
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| Senior Member Join Date: Dec 2008
Posts: 84
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | HELCO and refinanced cash out saame time HELCO and refinanced cash out saame time I refinanced cash out and after that same time set up HELCO with the same primary house with the same lender. how differences refinanced cash out and HELICO. what if I request loan md---what hapens the HELICO( the HAMP program help the HeLICO rate lowere or pricipal reduction or foregiven ??) what if I foreclosure--- the HElCOand refinanced cash out deficiency judgement and following me around ?? what if ---short sales or walk away or file the bankrupcy then what happend the HElCO and refinanced cash out , chasing me with deficiency judgement. home value 680k(zillow) loan 550k and HElCO 300K ( same lender) what kind of chances I have. Which choice is the bether than other one if loan md is rejected. I also have 2 renta houes ( upside down)with refinanced cash out with the same lender . Then what happens if the above sam situation( forclosure,or short sale or walk away and or bankrupcy) as investment property. the refi cash out any deficiency judgement chasing me aroud --only choice with bankrupcy ??? I appreciate any comment on these situations best wishes |
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