And How do i go about it? I took a brief real estate class and i remember the general discussion of hard money lenders and how they give you a large sum for a short time for things of this nature. I’m thinking about getting my first home but have limited funds and thought of this as an alternative.
What do you do when you are divorced and the X can not refinance the mortgage to get your name off the mortgage? The house is up for sale, but few inquiring. My name still being on the mortgage is damaging my credit score which has caused me to lose a house I wanted to purchase. Is there any legal advise for me?
Where can I find the lowest interest rate for a mortgage refinance in Arizona? I would like to be able to look for it online.
I’ve got a mortgage that is in a repayment status under a forebearance plan, but they want to modify the loan and put what I currently owe on the back of the loan. I want to know if another mortgage company will refinance me with the loan currently being behind (although payments have been made as agreed through the plan).
Thanks for your help!!!
Stressed in GA…
I am having my home appraised Thursday. Other than tidying the place up is there anything I can do to help elevate the appraisal? Does an appraiser physically check the house like a home inspector? Do they verify that all appliances are working? Are they climbing on the roof etc? Thanks
We are going through a broker. When you refinance your mortgage, do they request a "down payment" toward that as if it were a new mortgage? We live in Canada. The housing market is still pretty strong.
I was in default on my mortgage and was just able to catch up and now it is current- would like to refinance and get a better rate to lower payments- it is interest only now…….any suggestions?
It doesn’t seem lower interest rates do the majority of people any good, as mortgages already greater than 90% of the appraised value can’t be refinanced (even if refinancing for the same amount!) How does this help people who’s home value has dropped with the market and are struggling to make payments on their high interest ARM? Would they rather these people foreclose or declare bankruptcy?
Let’s assume my mortgage payoff is 0,000, Now let’s assume I inherited ,000, Can I put this ,000 towards the payoff of my house and refinance it for the remaining ,000?, Goal is to get the monthly payment lower?
I currently have a 30 year fixed mortgage that I obtained one year ago at 6.00%. I was looking today’s rate and a 15 year fixed mortgage is 4.875%. Do you know how easy or hard is to refinance through Bank of America? Average closing costs to refinance? Thank you
