Refinance without a job??
Is it possible to refinance to a great interest rate without being employed, or rather, having a small self-employment income? Here's the info.
I was laid off in November from a well paying job I had been at for 15 years (100K+/year). I am currently looking for full time employment.
I also have a small business (for the past 17 years) which I average $20,000 a year gross. Plus I get a little unemployment.
I owe about $162,000. and my house is worth about $500,000.
Excellent credit. No debt (other than the house).
My current interest is 5.37 (30 year fixed). I would like to get it into the mid-4% if possible.
Can this happen without full time employment?