Lost my job in 2008 in the building industry. Did not find a job till 2011. I used my 401k to pay bills down to where I could make minimum payments on credit cards & keep the house running on unemployment payments. The unemployment benefits ran out and so did my luck as far as keeping up with the bills.
My wife & I never missed or had a late payment on our house. We also have 700.00 a month college loan payments not to mention credit card bills. We are blessed to have good jobs now & we are thinking about trying to refinance our home. Our house is currently worth 168,000.00 tax value We owe 51,000.00 & we would like to refinance an amount of 105,000.00 to pay off credit cards and back taxes. My credit score is 620.
What reputable financial institutions do you recomend that we might try to refinance our home or any other good advice.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.Who Should I Use to Refinance Our House and Take Cash Out? - Chuck by Steve Rhode