Question About Refinancing A Mortage After Discharge

Question:
We got our discharge in July of this year. We would like to refinance our current (and only) mortgage. The interest rate is pretty high (over 10%) and our payments are making it difficult to live month to month. My question is this, how likely is it that lenders will have anything to do with us? Is there an official or un-official time period that we have to wait before we can refinance?

Answer:
I don't know the answer but one place you might get good information is at: alt.org.natl-assn-mortgage-brokers If you post there, it might help if you included the state you live in, the value of the property, and the amount of mortgage you are seeking. I think they could tell you whether you could refinance and roughly what rates you might have to pay.






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