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Will property lien prevent re-fi??

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C

chwatts

Junior Member
What is the name of your state? KY

I have a property lien against my home. I am looking into refinancing the mortgage. Will this lien cause problems in completing a re-fi? Will it need to be satisfied/released prior to refinancing?

Thanks for your help...:confused:
 


H

HUD-1

Member
Yes, unless the holder of said second lien is willing to subordinate to the new first mortgage.
 
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