Refi of underwater mortgages.
My mortgage is under water and my lender has switched to being a debt collection agency. Is there anyone out there that will do a refi forunderwater loans that were originally done with another entity?
Home values lower than mortgage
My 5/1 arm will be due mid of this year and try to refinance and no lenders will help me refinance because of my property value less than my mortgage. I am not eligible for hardship because I am not
Getting out of a loan
We are in the process of getting a bank loan for a mortgage and have decided we want out of this. Will this ruin our credit rating? We have excellent credit rating. The price of insurance, etc. is
How is the LTV determined for refinancing?
If I took out a $95 loan on a property that was appraised (and purchased) for $100 (let's say I did an FHA loan). LTV of 95%. Two years later, if the value of the property goes up to $200 (appraised
Is anyone lending for Inland Empire?
How hard is it to get an apartment loan (5 units) in the Inland Empire? I've heard some lenders do this on an exception basis. If a lender does lend, it would require 50-60% down. Does this sound
Is it possible to finance an all cash offer?
I would like to put in an all cash offer for a short sale property to be more competitive. Would it be possible to finance the purchase subsequently? Would I have to close escrow with all cash first
how does FHA work with charge off accounts?
What are my chances for getting approved with a charge off repo on my credit report that I am not even trying to dispute right now? I am in the process of have a couple negative accounts deleted due to
This is a question for a mortgage professional.
I'm seeking help for my buyer who was pre-approved for mortgage and was told a month before closing, oops, we made a mistake, we cannot help you. Husband and wife, making $35K and $34K annual. They