I refinanced our mortgage in July and got a 3.625% 5-1 ARM (interest only).
I am happy with the payments, but is it worthwhile to try to do another refinance at no cost? have the rates moved down enough to justify such action?
2 years old mortgage at 4.875%
I purchased our home in 2009 and borrowed $168,000. Our home value has been estimated at $224,000. Do I stand to gain anything by refinancing now, we have a loan balance of approximately $149,000? My hu...
reverse mortgage with no equity and little income
have 205K balance on home with no equity, Social security income, with small income over that. Can i get a reverse Mortgage?
What are my options for a VA Home Mortgage Loan?
I recently got back from a tour in Afghanistan and I am interested in a VA Loan. I understand that in some cases no down payment is required for up to $417k. I am looking at some options in the Miami/Da...
What do I do about financing two homes?
I have to live within our city limits for my line of work. We would prefer to send our sons to the schools in a neighboring suburb which is literally one block from our current home. There is a modest h...
Is refinancing the right move for me?
We just bought our home in June. I talked to my lender and asked about refinancing since I heard rates are low. He told me it was possible even without 6 months of payment history.Here are the specs:Ori...
Question about re-amortizing my loan
Hey everybody, I'm having issues with paying off my mortgage. I was talking with a lender regarding this, he was talking about re-amortizing my loan. What exactly does re-amortizing a loan mean, and if ...
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My new mortgage company is refusing to send my monthly bill ontime.what can i do?
Do you have to be underwater/upside down to qualify for HARP?
We have a Freddie Mac 30 year fixed loan that was last refinanced through the now defunct Countrywide and owned currently by Bank of America in Sept. of 2006. The loan has a balance of 298K at 6.5% inte...
Being self employed affect mortgage application?
How does being self employed affect mortgage application process and interest rates?
Pre-Qualified for Loan, 20% down, in escrow, then lost employment, Can I...
Pre-Qualified for Loan, 20% down, with good employment and significant cash reserves then if I lost employment, Can I still buy the Home.?
Refi and New Loan At the Same Time
I have a mortgage on my rental (principal balance $94,552, interest rate 5.00%, VA, maturity 2018, total payment $1,830) that I want to refinance, to lower the monthly payment. I am ready to apply for...
Can I get a second mortgage with bad credit?
I am looking for a second mortgage to make some home improvements. I have talked to some of my friends who had it previously. They are telling that it is difficult to get a good rate for a second mortga...
Been contacted by a third party collection company claiming to be collec...
How do I find out on my own if there was a Deficiency Judgment placed on us? Is there a web site or can I call Fannie Mae personally to find out this information? Nation Star (the collection company) ha...
Condo refinancing with less than 50% occupancy
I was approved a couple months ago for a HARP loan on a condo. It's considered an investment property, has a value of 119,000 and the current loan is 140,000, so loan to value is about 118%. I was appro...
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