Pronunciation /ËpÉËfÉªkt/. 1  1Having all the required or desirable elements, qualities, or characteristics; as good as it is possible to be. âlife certainly isn't perfect at the momentâ. 2  2attributive Absolute; complete (used for emphasis) âa perfect strangerâ. âall that Joseph said made perfect sense to meâ. 3  3Mathematics.
You can refinance the other person off the loan as long as you can show proof of 12 full months mortgage payments being made by you. The 12 months payments must have been made from an account that is not joint with the other borrower.
Generally, you must be on title of the home at least 1 day prior to application to obtain a rate and term refinance. Generally, you must be on the title of the home for 6 months prior to application, before you can obtain a cash-out refinance. Copyright Â©2017 Amerisave Mortgage. All Rights Reserved.