Mortgage interest rates hit a 19 month low the week of January 9, prompting many homeowners to begin refinancing. All too many have tried in the recent years yet.hold back because they … [Read More…]
Why Its Not Cheaper Or Easier To Refinance With Your Mortgage Holder
Planning to refinance your house? Deciding through the advertisements, telephone solicitations, direct mail can be mean endless choices. Opting to try your mortgage holder? If yes, buyer be aware offers to good … [Read More…]
Can I Get A Mortgage With Limited Or No Supporting Financial Documentation?
Generally no-in order to get a mortgage these days you must be able to support an ability to repay. An ability to repay the debt by virtue of having income to offset … [Read More…]
It's Still Possible To Get A Mortgage Despite A Judgement
A judgement, a court ordered nightmare that if not handled correctly can make getting a mortgage loan much more stringent than it otherwise needs to be. What you’re lender will want want… Quick … [Read More…]
HARP After HAMP: How To Refinance After A Recent Loan Modification
Homeowners who went through difficult financial times in recent years, actually can still refinance their homes so long as their situations have changed for the better. Many banks offered loan modifications to … [Read More…]
I live In Santa Rosa, trying to refinance my mortgage, why am I getting a higher rate?
First off, refinancing your home is a great decision, interest rates are low and there are many programs available to help homeowners refinance some even without loan-to-value restrictions, see more on the … [Read More…]
What's The Maximum Debt To Income Ratio For Harp 2 Refinance Loans?
The Harp 2 Refinance Program allows homeowners to refinance without any loan-to-value restriction. The program is slated to expire December 31, 2013, so if you qualify, start the process now. Despite what … [Read More…]
How To Refinance If You Are NOT Harp 2 Eligible
As many now know, the Making Homes Affordable Program aka Harp 2 Refinance allows people to refinance if their loans are owned by Fannie Mae or Freddie Mac, with out any loan-to-value … [Read More…]
Will "Qualified Mortgages" Help Consumers?
On January 10, 2013, the Consumer Financial Protection Bureau unveiled new rules to help protect consumers from unscrupulous mortgage lending. These rules implement underwriting criteria what constitutes a “qualified mortgage”. As long … [Read More…]
My loan is through Freddie Mac, why do need I cash to close on my HARP 2 Refinance?
What steps can be taken if the mortgage is now Freddie Mac? Cenlar services the loan but doesn’t do refinancing. I tried Quicken Loans but they wanted me to come out of … [Read More…]
