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.
Some of the things you need to consider when comparing lenders are the interest rate youâre approved for, the fees and the waiting period requirements. For example, you canât refinance into an FHA loan until at least two years have passed from the date your case was discharged. You can compare rates online or call lenders in your area to ask about refinancing programs for homeowners with less than stellar credit.