Legal Question in Wills and Trusts in Louisiana

I have a mortgage and a home equity line of credit. When I refinance, do I have to refiance both of them together or can I just refinance my mortgage?


Asked on 10/02/11, 6:20 pm

3 Answers from Attorneys

Martha Amanda Mandi Lucas Mandie Seale Lucas

It will depend on the agreement you made with each. Usually they are not done jointly.

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Answered on 10/03/11, 11:00 am
Nick Pizzolatto, Jr. Pizzolatto Law Office

You are about to be introduced to the wonderful world of mortgages........if you refinance, I suspect the line of credit will want to move ahead of the refinance in the pecking order.

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Answered on 10/03/11, 3:19 pm


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