Posted by Nate(DC) on February 04, 2002 at 21:25:27:
Sure you can. There are, however, several issues you need to consider:
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seasoning of title. If you have only owned the property a short time since the seller deeded it to you, the bank may be hesitant to lend.
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do you have enough equity in the property that you could refi? If you owe a high enough LTV you may not find a lender that would make that loan - or make it at a better rate than the existing loan, anyway.
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obviously, you would not want to approach the same lender that currently holds the mortgage on the property, as this would alert them to a due on sale violation.
NT