Yes, jumbo loans are still available to buyers that qualify. I suggest that you contact a few lenders to determine if you qualify and inquire what their rates and fees a ... more
This is a Multifold question and although you may believe it is straightforward it is not. There are many reasons banks are putting up road blocks to lending.
1 answ ... more
I know its been awhile since you posted- and I'm exactly in the same boat. Bought it 2008 with Wells Fargo. I tried to refi with them in 2012 but couldn't do HARP b/c I have a co ... more
If the appraisal came in for less than the contract price then you should be negotiating with the Seller to lower the price, not considering a financing alter ... more
NYS Licensed Loan Officer
Certified Mortgage Planner
225 Broadhollow Rd, suite 212A
Melville NY 11747
Fax: 631-918-7 ... more
Save up and make sure that you will be a responsible homeowner in the future.
Best of luck,
Never know what the situation will be after the arm period, but right now, arms are a fantastic vehicle because the indexes are so low.
But, the best suggestion is to find ... more
Link in web reference says:
Long Answer: Talk to your loan officer. He/she may have had you sign an application for the wrong type of loan in error. Ask your loan officer how he/she can corr ... more
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