Financing in 60490>Question Details

Marlon, Home Owner in Bolingbrook, IL

Is there any help available yet for owners who pay on time but are unable to refinance with a jumbo loan and a mortgage underwater?

Asked by Marlon, Bolingbrook, IL Thu Feb 2, 2012

No one will touch our jumbo ARM which will come up in 3 more years. I've been looking everywhere trying to refi to no avail.

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Marlon,
Contact me next month when we get the underwriting for the new HARP program.
1 vote Thank Flag Link Thu Feb 2, 2012
Marion,

The President yesterday announced a program that needs Congressional approval.

You can help yourself by making sure the legislators that oppose it know your situation.

Good luck!

Fred
1 vote Thank Flag Link Thu Feb 2, 2012
Marion,

Check this site if you are eligible.
http://www.makinghomeaffordable.gov/programs/lower-rates/Pag…
0 votes Thank Flag Link Sat May 19, 2012
Hey Marion,

There most certainly is a way available that may give you a pretty good chance of being able to refinance out of your Jumbo Loan. As long as you have a good credit score and would like to remain in your home, we can potentially cut hundreds of thousands off your current mortgage and in some cases leave you with equity in your home.

If you are interested please contact me....

Have a great evening..
Cheers,
Chris
0 votes Thank Flag Link Thu Feb 2, 2012
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