Bobbie asked:
We went into a forclosure not due to lack of income but lack of communication with our lenders.( long story) we are looking to get away from them and start fresh with another lender.our payoff amount is $235,7000 and our appraisal was $325,000.We have a decent income and need some advice.thank you.
NEIL
We went into a forclosure not due to lack of income but lack of communication with our lenders.( long story) we are looking to get away from them and start fresh with another lender.our payoff amount is $235,7000 and our appraisal was $325,000.We have a decent income and need some advice.thank you.
NEIL
BORIS
Find a mortgage broker in your area. They group several people together and approach a bank to take all at a negotiated rate. This helps when your credit rating isn’t the best.
Comment by beme — December 7, 2008 @ 6:59 pm
LESTER
The following site has a great refinace link where you can obtain a free refinace quote and I know they work with people in special circumstances. Good Luck
Comment by pokerplayer528 — December 10, 2008 @ 5:56 am
GERMAN
There are mortgage brokers out there that work with lenders that have programs specifically for people with foreclosure/bankruptcy issues. A mortgage broker offers more programs than a regular bank, and generally works on the wholesale side.
Check out our website, or email me if you want some more information.
Comment by baconshmals — December 11, 2008 @ 9:53 am
ALFONSO
Yes.I am a loan officer for last 5 years.We do all kind of loans of all credit score over 500.I have 19 lenders working for me to help you.Looking into your message you can.
You may reach me at 240 535 5829 or email me at
I can certainly do the best for you.
Patrick
Comment by Prakash — December 11, 2008 @ 11:56 pm
ADAN
You should be able to pull out of foreclosure if it was due to miscomunication and not late, or no payment. Then after that refinance with a different lender. Trying to get a loan after the foreclosure is not impossible but not easy. You will need to do some footwork and research some lenders. You might end up paying a higher intrest rate or higher points on closing if that is the case. But first I would try to work it out with your lender. No bank wants a foreclosure it looks bad on there books.
Comment by FC — December 14, 2008 @ 2:12 am
CHARLIE
These people are wonderful, have used them several times!!
If they cant do it. Try
These are two high volume lenders that find more ways to say yes, than to say no.
You’ll be able to do it. But if you are currently late on your mortg. payments no one will refi for you except crooks, so don’t take any loan you could get!!
You must let some time pass since the nasty event’s with a record of current payments.
Comment by hunter2 — December 17, 2008 @ 11:34 am
HARRISON
Always worth a look. Get a free quote from these guys ( the banner at the top ). It’s a big name company that’s helped lots of people. I’d give their link here but that’s advertising for them. They helped my wife and I a few years back when we purchased our current home. It never hurts to look around for a better rate. Good luck!
Comment by ddnc_dave — December 19, 2008 @ 1:11 am
NED
My husband is a loan officer for Home Funds Direct. You can call him at 913 928 5549 or toll free at 866 299 5553 ext. 5549
Comment by angeljre — December 22, 2008 @ 1:05 am