Tuesday, November 9, 2010

Dad's Divorce: Refinancing When Unemployed

Dan is a weekly contributor to Dad's Divorce, a website for men going through the divorce process. The site may be been designed for men, but the advice usually can apply to anyone. In this week's edition of Money Made Easy, host Dan Danford answers this financial question from a viewer: I have recently been laid off from my job right at the time I was considering refinancing my home. Would I still be able to refinance my house if I am currently unemployed?

Danford, MBA, CRSP of Family Investment Center, explains the factors banks and mortgage companies will use in their consideration.



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