courts order put me in a bind and need to refinance vehicles in order to be able to keep for transportation to work. A few late payments have occured due to the court order need help.

i am refinancing my current auto loan. i have a lot of equity in my car, so i was told that if i wanted to, i had the option of using that equity in my car to pay off a current student loan and consolidate it into one with one interest rate. my student loan amount is around $ 7,000 with 12.5% interest. the interest rate is lower on the auto refinance loan, and i would have it payed off in a shorter period, plus it's a fixed rate so i am guaranteed it won't raise over time. my question is, would it be a smart decision on my part to use the equity in my car to do this? it sounds a lot better to me having the lower interest and having this paid off in 4 years rather than the 10 more i have to pay on it, but i'm really unsure which move to make. someone out there that is smart in this kind of thing please give me some input on the advantages, or disadvantages to using my equity for this. thanks in advance!

I don't know if I would get more money filing seperate we never did. He only worked 1/2 year 31000.00 but, we refinanced with cash out. Is that cash earned income? Thanks

And the mortgage company has denied the Obama refinance?

I’m looking to buy homes for cash, renovate them and turn it into a rental. Once I have done this I will need to do a cash-out refinance of 75% LTV or 80% LTV with my LLC. Can this be done and if so do you know of any lenders that will do this type of loan in NC? Thanks

I'm selling an investment property I bought for $ 250,000 in 2004 in Utah for $ 450,000. Since we bought it we did a cash out refinance and now owe $ 320,000. The buyer will pay off the $ 320,000 and will owe me the remainder. Am I liable for the taxes owed on the $ 70,000 ($ 320k - $ 250k) gain immediately? (I understand I will be taxed on the remainder as I receive it).

America. Our payments are $ 775 a month and we just started going back to school so we'd like to owe less money each month if that is possible. Does anyone have any idea if we can refinance it and how much we might reduce our payments to? Also, we owe more on it than it is worth. Our credit is good. Can we refinance it with Bank of America where we took out the loan?

We live in CA. I live with my father in law and we are in need to apply for refinance w/ cash out. However, he is retired, has excellent credit, but only makes about $ 50k a year with combined pensions and social security. The bank was only willing to give him $ 350k and we actually need $ 390k. They said the only way they'd allow him the $ 390k is if I cosign. I have terrible terrible credit (a couple of car repos, late payments, behind on taxes, etc...). The bank told him they would just really like my income there (I make $ 60k a year), but I'm afraid if I cosign for him, it would only hurt his chances for a loan. By the way the house is worth about $ 550k in the current market. Thanks for your feedback. We live in CA. I live with my father in law and we are in need to apply for refinance w/ cash out. However, he is retired, has excellent credit, but only makes about $ 50k a year with combined pensions and social security. The bank was only willing to give him $ 350k and we actually need $ 390k. They said the only way they'd allow him the $ 390k is if I cosign. I have terrible terrible credit (a couple of car repos, late payments, behind on taxes, etc...). The bank told him they would just really like my income there (I make $ 60k a year), but I'm afraid if I cosign for him, it would only hurt his chances for a loan. By the way the house is worth about $ 550k in the current market. Thanks for your feedback eta: Thanks for the replies. Another question. I really don't want to explain my situation to him unless I really need to. Can the bank(s) discuss my information with him without my consent?