How easy is it to get a mortgage lender to agree to a short sale and waive the remaining debt?
dflog asked:
I have two homes with one mortgage on each (same lender). One home is now in negative equity and has a high interest rate on the mortgage. Even though the bank refinanced the home only two years ago as an 80/20 loan, they will not allow me to refinance now. I thought about renting until the market get’s better but I can not cover all of the costs.
PATRICK
I have two homes with one mortgage on each (same lender). One home is now in negative equity and has a high interest rate on the mortgage. Even though the bank refinanced the home only two years ago as an 80/20 loan, they will not allow me to refinance now. I thought about renting until the market get’s better but I can not cover all of the costs.
PATRICK
does anyone know of a lender who will refinance mortgage while in chapter 13?
donnie asked:
i’m almost 2 yrs into chap 13 and have been advised that there are lenders out there who will refinance my home mortgage. I only want to refinance the mortgage, and not include the balance on the bankruptcy
REID
i’m almost 2 yrs into chap 13 and have been advised that there are lenders out there who will refinance my home mortgage. I only want to refinance the mortgage, and not include the balance on the bankruptcy
REID
I need to refinance my home but I claimed chapter 7?
rr26rr asked:
Anyone know of specific lenders that could help people get mortgages even if they filed a chapter 7?
LOREN
Anyone know of specific lenders that could help people get mortgages even if they filed a chapter 7?
LOREN
FHA Mortgage loan help please?
hasdad62 asked:
My wife and I are trying to refinance our home. We have a mortgage lender here in the Atlanta area that is handling the refi. He said that with good credit over the last 12 months we will qualify for a fixed rate loan of 5.75% for 30 yrs. Is there a big difference in FHA lenders? Should we continue to shop around?
He said that were approved at that rate
DANE
My wife and I are trying to refinance our home. We have a mortgage lender here in the Atlanta area that is handling the refi. He said that with good credit over the last 12 months we will qualify for a fixed rate loan of 5.75% for 30 yrs. Is there a big difference in FHA lenders? Should we continue to shop around?
He said that were approved at that rate
DANE
home refinancing help?
Just Wondering asked:
I keep getting all these offers in the mail to refinance my home into a fixed rate mortgage (even from my own mortgage lender) and then I call and they can’t help me. I have an ARM and it will reset in August (no I am NOT a subprime borrower I had a 691 credit score when I got this loan but yes I am dumb otherwise I would not have got the loan….no need to tell me how dumb I am….cuz I already know). I need to get the house refinanced before August cuz I have renters in there and I do not want to make them move out. They are a disabled family and they pay their rent every month but if my mortgage goes up then I don’t know what to do. The values of homes in my area have fallen drastically and that makes it hard to refinance. I just need some suggestions. Thanks
CLIFF
I keep getting all these offers in the mail to refinance my home into a fixed rate mortgage (even from my own mortgage lender) and then I call and they can’t help me. I have an ARM and it will reset in August (no I am NOT a subprime borrower I had a 691 credit score when I got this loan but yes I am dumb otherwise I would not have got the loan….no need to tell me how dumb I am….cuz I already know). I need to get the house refinanced before August cuz I have renters in there and I do not want to make them move out. They are a disabled family and they pay their rent every month but if my mortgage goes up then I don’t know what to do. The values of homes in my area have fallen drastically and that makes it hard to refinance. I just need some suggestions. Thanks
CLIFF
I need to refinance my 2 homes, but I have a high debt to income ratio. Are there any serious lenders to help?
angiemcp2 asked:
My credit score is average but not bad. I’m having a hard time trying to refinance my ARM’s into fixed rate mortgages because my debt to income ratio is high. Are there any serious lenders that specialize in these situations?
JAIME
My credit score is average but not bad. I’m having a hard time trying to refinance my ARM’s into fixed rate mortgages because my debt to income ratio is high. Are there any serious lenders that specialize in these situations?
JAIME