Resolved Question: second mortgage refi or consolidation of 1st and 2nd?

im currently living wit a brother and brought a house, it has been 10 month since november we live here and he is the first owner to this house, im the 2nd owner wit no credit but a steady job. me n my bf been payin fo this house but my brother havent put a dime in this house but he say he willing to keep this house to himself, which we willing to give it to him aslong as my name is off mortgage, we cant wait till refinancing to get my name off, we dont want any money back or any share of this property, he can take it all but aslong is, im taking off my name off mortgage. recently, he refuse to accept it because he still want me n my bf to pay it off while he not putting nuttin n he want this house to himself, we even call mortgage lender, she also say even if im a cobuyer(2nd owner) i dont have enought credit to refiance to get off mortgage only my brother can, but he wont agree to let us go even when he say he want this house. is there anyway out instead of being trap? and Wat if we cant afford the house any more TILL refinancing??

Resolved Question: Anyone know anything about HUD Rehabilitation 203(k) loans?

I have a condo in the SF Bay area and really just want to put some new floors down, and buy a couple of updated appliances. I couldn't get a HELOC from my credit union unfortuantely, because I have 1st time homebuyer loans from my state and city that are considered 2nd & 3rd mortgages. I'm wondering if a 203(k) might be a decent alternative. Specifically I'm curious about the interest rates, and whether or not refinancing my condo will constitute a sale and I'll lose Prop. 13 protection for the stated value of my condo and taxes. But any other info would be appreciated.

Resolved Question: I have a conv. loan & a 2nd mortgage should I go for a Va and combine both mortgages?

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Resolved Question: second mortgage refi or consolidation of 1st and 2nd?

we have 2 mortgages -
1st - @ 6.375% remaining 201,000 for 355 mnths no mortgage insurance - total monthly pmnt 1272.70$ + 410.2$ to the escrow account.
2nd - @ 10.75% remaining 36,000 for 225 mnths - monthly pmnt 386.8$
we plan to stay in this house for 30 years
when we bought the house was appraised @ 250k
now - 275k.
our income bracket is 31%
credit score 740.

my question is should we combine these 2 @ 6.625 for 30 yrs with closing costs being apprx 2500.?
also i was given an option to refi just the 2nd one @ 8.5% for 20 yrs with closing costs apprx 250?

any advice would be greatly appreciated.

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