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Tagged with: refinance
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Joseph Fajardo
10 days ago
I need to refinance because the interest will go up in 5 years from now. The interest rate I am getting is a little higher than what I have now, but it's better to refinance. The principle balance is $210,200 and the house value at $313,000. I have a problem with the mortgage insurance. I don't think I should have to pay for insurance when my house has $100,000 in equity.
I need to refinance because the interest will go up in 5 years from now. The interest rate I am getting is a little higher than what I have now, but it's better to refinance. The principle balance is $210,200 and the house value at $313,000. I... (more)
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A Curious User
2 months ago
I refinanced my FHA loan. How do I get my MIP back from the FHA loan that is paid off?
I refinanced my FHA loan. How do I get my MIP back from the FHA loan that is paid off?
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MAUD MCKINNON
4 months ago
My loan is less than 3 years old and I have never been late on a payment(most of the time I pay two weeks in advance). My credit score is good. It will only save me $100 a month.
If the rates have changed why not give mortgage owners the break without the extra cost?
My loan is less than 3 years old and I have never been late on a payment(most of the time I pay two weeks in advance). My credit score is good. It will only save me $100 a month.
If the rates have changed why not give mortgage owners the break... (more)
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John Mcallister
6 months ago
I would like to refinance my current home to a lower interest rate and was told I would have to wait 3 years after my foreclosure on another home I owned.
I would like to refinance my current home to a lower interest rate and was told I would have to wait 3 years after my foreclosure on another home I owned.
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Frederick Ward
6 months ago
My bankruptcy was discharged October 2013 I owed a One bedroom duplex . I'am retired How long do I have to wait before I can apply refinance with cash out ? Balance mortgage 90,000 house value 150,000 cash out $ 25,000
My bankruptcy was discharged October 2013 I owed a One bedroom duplex . I'am retired How long do I have to wait before I can apply refinance with cash out ? Balance mortgage 90,000 house value 150,000 cash out $ 25,000
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ivy time
7 months ago
I made my May mortgage payment and my loan was paid off on June 1st when I refinanced it. Since MIP is paid in arrears, (and my May payment covered the MIP for April), I only expected to be charged the MIP for May. My payoff statement, however, includes two months of MIP, as the lender states the MIP is owed for May AND June, since the loan was still "active" in June. Is this correct? It doesn't seem right to pay for insurance when there is nothing to insure, as the loan was paid off, and the June premium is not due until July. Please advise.
I made my May mortgage payment and my loan was paid off on June 1st when I refinanced it. Since MIP is paid in arrears, (and my May payment covered the MIP for April), I only expected to be charged the MIP for May. My payoff statement, however,... (more)
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Jean wyl
8 months ago
I live in house that is in my sister's name. I made the down payment and paid the monthly payments for 7 years. Now she wants me to pay her to get it in my name. The loan is under water so I cannot refinance for same price. Now what?
I live in house that is in my sister's name. I made the down payment and paid the monthly payments for 7 years. Now she wants me to pay her to get it in my name. The loan is under water so I cannot refinance for same price. Now what?
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A Curious User
8 months ago
I purchased 1/2 of a duplex with another person purchasing the other 1/2. We formed a Condo association so that we would ensure having a shared insurance policy on the structure but nothing else. We don't pay any monthly association fees etc. Please advise as I'm trying to refinance and the agency I'm working with says my home is not FHA approved.
I purchased 1/2 of a duplex with another person purchasing the other 1/2. We formed a Condo association so that we would ensure having a shared insurance policy on the structure but nothing else. We don't pay any monthly association fees etc.... (more)
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eric grove
10 months ago
Last I checked I have to wait 4 years, but I read somewhere online that it has been reduced to 2 years. My mortgage company accepted less than the total amount owed back in December of 2013 and I was refinanced into an FHA loan. I have since gotten a streamline refinance to reduce my rate and mortgage insurance cost but am looking forward to getting out of the FHA mortgage into a conventional to eliminate the mortgage insurance since I now have more than 20% equity with the market value increasing in the Bay Area.
Last I checked I have to wait 4 years, but I read somewhere online that it has been reduced to 2 years. My mortgage company accepted less than the total amount owed back in December of 2013 and I was refinanced into an FHA loan. I have since ... (more)
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A Curious User
a year ago
I still owe $80,000 on my home and need to refinance and cash out $90,000. I had a bankruptcy 2 years and four months ago. What are my chances of getting an FHA loan?
I still owe $80,000 on my home and need to refinance and cash out $90,000. I had a bankruptcy 2 years and four months ago. What are my chances of getting an FHA loan?
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