Checking around-Possible

[mayantek]

Situation:
Income $77k annual-mine, wife is not working though could if we needed
Fico:mine-645, wifes-686 mid
House: Purchased 09/06 for $472k, appraised at that time at $485K.
Zillow reports it's Zestimate at $492k with range of $469k-$569K
Current loans-80/20
first at 6.75%, $377k, interest only
2nd at 10.1%, $94K, 30 year conventional
Payments total around $2940 a month not incld PMI
Reserves are good

Goal
refinance or just refinance 2nd and pay 30k in c.c. debt
This would probably mean a 105% LTV.
Doable or not?
thanks

[OregonLO]

that loan CAN be doable...If you need to go past 100% in does get a little tougher to do but there are companies (very few) that will go past 100%. You are welcome to email me and I can discuss it a little more with you and see if you would be able to make this work or not.


Thanks.