refinancing underwater

are there any refinance options for an underwater property bought by Freddie in July 2009? I know I just missed the HARP cut-off, are there any other possible options?

preapproval reliable?

how reliable is a preapproval? how often do borrowers get preapproved for a loan and then denied later? I'm looking to buy my first house and I've been preapproved and I just want to make sure that I do...

do you need to show income for a harp loan

co-signing a mortgage

my wife and I are taking joint responsibility of the mortgage on our new home. when we sit down with a lender, how will our interest rates be determined; will it be an averaging of both scores or will o...

Harp 2.0 Refi Process: 2nd Mortgage Subordination Agreement

Hello, Soon, I will be applying for a Harp 2.0 refinance on my property in Florida (applying through my 1st mortgage holder). I also have a 2nd mortgage on the property and understand that Harp 2.0 requ...

631 credit score looking to refinance

Is it possible to refinance with a credit score of 631

What lenders are refinancing accidental investment properties under Harp...

We have an accidental investment property with a L to V ratio of 118% in California. It is a Freddie Mac backed loan. We have excellent credit (both over 780), but are having a hard time finding a lende...

Purchasing my mother's home. Am I likely to get a mortgage loan?

My mother is selling her home for $95k (she still owes $40K on her mortgage), but has been unable to sell. I would like to buy her home instead, and was wondering how any prospective bank would view th...

quit claim deed

Is it difficult or even possible to get a refinance loan on a property you get with a quit claim deed and there is no mortgage on the house? Can you go through USDA or FHA with this?

How can a lender lock a rate and then not honor it?

I waited to lock the loan until I got the rate I wanted. Advised to do this by broker who was advised by the lender to wait. So we locked on Friday - about 3 weeks after submission. Got approval toda...

FHA or 5% Conventional

So I've been wracking my brain over this, but still can't come up with a satisfactory answer on whether to go with the FHA or 5% down Conventional.The terms that I've received from the lender are:FHA - ...

Does anyone know the turn around time for a Texas USDA loan?

My loan was supposed to close on May 30 and it has been at the USDA's office forever! My mortgage broker said he can't get any word on when it will close. They are apparently very backed up.

How to refinance a owner financed home loan

Bought the home in 2006 with intent to refinance. According to the county the home value has decreased and therefore I owe approximately $14,000 more than it's worth. No idea what to do...

FRM vs ARM

Hi, I'm looking to get a new home and I am curious about the difference between a fixed rate mortgage vs adjustable rate mortgage. From what I can see, I a FRM should be the safer choice, what are the a...

HARP 2.0: Requirements to remove name from mortgage?

My Freddie Mac mortgage is owned by Citi. I've checked and it is eligible for HARP 2.0 even though it's underwater. I'd like to remove my name from the mortgage and leave it only in my wife's name usi...