Can i refinance my house with a lien on it?

Douglass
Actually...YES...you can. The key to this would be getting a subordination of the lien to your refinance. Without a subordination of lien...you will be hard pressed to find a mortgage company to refinance your mortgage. Your only other option would be to pay the lien off or add that to the refinance amount if your debt to income and LTV will allow it. A GOOD title company or a GOOD mortgage broker can help you with this process.I own a title company and have done this many times for people. It is not impossible.

Earl
no, you can'tunless you are going to satisfy thelien with money from equity in your house..., which would be included in the loan amount. I assume you have equity and want to lower yourpayment and/or pay off some bills too. See a local reputable loan officer, or call them, tell themyour predicament and they'll let you know if theycan help you or not.GOODLUCK!!

Benita
Brian G is exactly correct. SUBORDINATION. People get your head out of your arshes.

Claudette
no you will needto pay the lein to qualify for the refi.you may be able to work out the payment of the lein as part of the refi, andjust reduce the amount you take out by the payment.

Beth
Nope. No lender will refi unless the lien is paid off, especially if it is from the IRS.

Leola
no you cant' do that, you need to know who put the lien on your property and pay, so then you will do whatever, refi, sell, etc.