Forgotten Your Password?

Need to Register?

Question Icon

Refinance Home to obtain lower fixed interest rate.

Would to like to refinance home.Currently in Chapter 13Home Value $460K to $5001st $500K, No 2ndCurrent Interest Rate 6.25%Cornelius, OregonAsk for Bob (503) 789-2697 or e-mail badlesich@coho.net by badles_317_731 from Cornelius, Oregon. Feb 17th 2012 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Hey Bob. You might be in a tough spot... Fannie / Freddie owned loans ($417K limit) has the HARP 2.0 for effortless refinancing, however you're in a jumbo product. You can contact your existing servicer to see if they would refinance you, however don't hold your breath... WilliamAcres.com

Feb 17th 2012
0
0
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

It is unlikely you will find a lender willing to do a cash-out refinance of the size you are looking for while you are in bankruptcy, even in a 13. You may be able to get a no-cash out refinance from your current lender. Make sure you have already discussed this with your BK Trustee. Their approval will be required. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Feb 17th 2012
0
0
Subscribe to our news feed.