Thanks, makes me feel better reading all these comments. Feb consumers can get a bad credit auto loan with zero down at http. However, Chase tells me they are unable to refinance because my loan did not originate with them.

They do a auto underwriter to see if there are any issues. IN WHAT WAY is any of this “helpful” to the struggling homeowner who, through no real fault of their own, finds themselves underwater regarding home valuation, and at risk of losing their home, or if they do manage to sell, may end up losing several hundred thousand dollars. My mortgage was with Taylor, Bean, and Whitaker who were disbanded by the government for fraudlent business practices. We’ve been trying to clean up the mess all these foreclosures have caused over the years, and now we servicers encouraging borrowers to grow delinquent; that’s not right. I am an upstanding citizen that has a FICO of approximately 800, excellent debt to income ratio and excellent cash reserve, where all of this actually “overqualifies” me for the loan. I would ask to speak to another employee at that office or find another lender.

Professional loan management system providing a formidable tool for your loan. The last time mortgage rates were at current levels, in 2003, refinancing activity hit $2.9 trillion, according to trade publication Inside Mortgage Finance. Do you think home values have fallen substantially in your neighborhood, that’s why is $100K higher than what you think it should be.

My leander said this is a secondary rule for their company, can they do this. Not giving up though…I’m harp bifurcated mortgages hanging on. Non conforming loans under MHA simply means harp bifurcated mortgages its not with Fannie Mae or Freddie Mac. In addition, my husband is receiving a salary cut and may lose his job in a year.

It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Search cheap rental cars in poggio rusco. I’m self employed, always have been always well be, it such a easy fix to change your pre deduction income as your qualifing income.

Although I had been considering a refi, I have heard so many horror stories about endless document requests, unresponsive brokers, etc., that I had been putting it off. To determine whether it can represent and warrant that the current value is not less than the value obtained in connection with the harp bifurcated mortgages existing mortgage loan, the lender should assess current market values based on whatever means it determines to be acceptable. This is a sample not the full document money lending contract template free loan agreement insert name. We even offered to start to pay for the PMI ourselves with the refi (understanding that the program facilitated transfer or rewrite of PMI on loans where it existed), since the overall rate reduction would make such a difference in our financial picture even with that expense.

Perhaps what your daughter should do is to have her property taxes reevaluated. With the government already guaranteeing these loans how can it hurt to allow people to refinance to a lower interest rate and payment. Not a single rescheduling of my closings have had anything to do with me. We are not upside down on the house, but our home has lost about 20% in value (i.e. Buying a new or used car or refinancing car loan help an existing car loan. Have really wanted to speak to someone in person but when I have gone to two different branches of Wells Fargo in phoenix their mortgage person is only there 2 days a week.

I cannot find anything or anyone who has on the internet… Sad. B of A said that they can’t do HARP on a loan with PMI, and while there’s a loophole for lender-paid PMI, I don’t qualify because I paid the PMI down myself. If I make payments at the same amount as I am currently, I will have loan now paid off in about 11 years. I wish there was someone looking out for the tax payers.

It’s a refi calculator that HSH.com developed to help refinancers decide how to best finance their refi. What about Chase worrying about lost paperwork. While I don’t know the specifics, it sounds like you’re getting a good offer. We are trying to get me removed from her mtge through refi and have been given a run-around by Chase.

Well, there isn’t much you can do to my agents right now. So why would we want to do that when we have an uncertain financial future. I Owe what it is worth now- 175,000.00 The home is newer,foundation/ full basement and on 5 acres of cleared land with a very nice horse barn. Take the time and go down to the bank and meet with someone face to face. OK – so I contact Nation Star – and they are only doing Fannie Mae for Harp and not Freddie Mac. Lenders are not committed to make a loan for you at this time.

I will be happy to look up your loan information to see if we currently have a Real Estate Value for your property and what's your current Loan to Value is. Wells Fargo has just prequalified me, but of course since I’m at the LTV of 125%, I have to pay a higher interest rate than the current historic lows. What bugs me is their teaser letter states at little or no cost. I have also tried refinance outside of my current lender with no success. I asked the reason for the 6% rate and they said it was because I had no equity in the home. There is no additional risk to investors, risk actually goes down with the monthly payments.

We took the credit report into Chase and asked why a bank would actively solicit people who were not in distress with a good payment history with a “one time offer”, and then slam them with a comment that is considered to be derrogatory. She told me she though this would negatively impact our credit score. We need to remove our moneis from the “big guys” hit them where it counts. It’s really gross what these banks are doing robbing people twice. The federal housing administration fha insures mortgage loans. If the interest rates drop after I lock them with my lender for the Harp program,will the lender apply the lower interest rate if the closing is still not done.

Thanks for your help in finding out answers for everyone. We may have money for the appraisal, but certainly nothing to pay down the mortgage. I’m beginning to think the United States is one big coast-to-coast criminal enterprise.

My bank Wells Fargo is trying to get me to refinance. Student services coordinator job opening for student affairs laguna jobs in laguna niguel, ca. I don’t qualify for an standard refi because of LTV with appraisal. They effectively took us out of the market for two years – the home loan speitt at Chase said that even he wouldn’t be able to give us financing with that comment. One indicator of the economic impact of refinancing.

However, I have to pay out around $700 (app fee, credit report fee, and appraisal fee) before I even find out if my loan will be approved. Although it doesn’t seem like it’s in their best interest, Provident has the choice. Having LPMI may complicate things, I’m not sure, I haven’t encountered LPMI in the realm of this discussion yet.

BofA could have arrived at that value a number of ways. Yeah, to add to the mix, I paid my PMI down to the tune of about $3K when I financed my first loan. I bet neither Chase nor a private mortgage insurer is willing to write you a new mortgage insurance policy b/c you’re underwater and it’s a condo. The Big Boys got their bailout that they created.

The benefit of the refinance isn’t monetary, but rather comes in certainty about future costs. Also should they be charging so much in refinance fees.