I'm looking to re-fi my 30 yr (23 left)/ 5.6% fixed loan to a 15 yr. fixed. Cash flow not an issue. Can handle increased payment. Goal is to minimize interest paid and maximize pinciple payback. Needs rates on a 15yr.
There is some info still missing from you that will be needed for an accurate quote or ballpark. For example, location of the property, Fico score, impounds or no impounds, you mention your plan of staying in the home for 5 years...so I assume this is owner occupied, etc.If this is a SFR, CA Property, Owner...

Do you have to be underwater/upside down to qualify for HARP?
No, you do not have to be underwater. The websites make it sound more complicated/fancier than it really is. Simply put, if your home is owned by Fannie or Freddie and you acquired the loans prior to 06/01/2009, then you qualify for the HARP program. With your specific situation, I would recommend paying...

can my dad and i buy a house together using va loan
Joe is absolutely right. Good Job Joe, coming through for the Vets again as always sir!

If I currently own a home, do I still qualify for a USDA loan?
Joe is right....you can search to see income and are eligibility right here:https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfpAlso if the USDA loan isn't an option, have you looked at local Down Payment Assistance routes? Or possibly pulling money out of your...

Personal Loan for Trailer
A personal or recreational vehicle loan on a used trailer is quite possibly going to be more expensive then what a mortgage could be. Look at both options ($120k house versus $50k trailer (which is what it could be after closing costs most likely) ....if you are hard decisioned on getting the trailer then...

Taxes and ins. are pd.up & my 92 yr old Dad can no longer take care of property if walks away Foreclosure or Forfeit?
Can a family member take over? Who is in line to inherit? Has he explored a reverse mortgage? There are many professional reverse lenders on here. Hoping it works out for your family- all the best

In Default - do I need Hazard insurance?
Keep it until YOU are no longer the owner. You never know what could happen, if the sale goes through or doesn't, and what could end up resulting in case you needed the insurance (forced placed, property damage that could have been covered, now your responsible, etc) Good luck and we hope everything...

my husband and I are getting a divorce and we have a house with a va loan. What must I do to go from Va to FHA
Simple refinance will do the trick so long as you can qualify for the new loan. Meaning your Fico, new separated income (assuming you are stating you will be finalizing divorce and removing spouse from loan), loan to Value, Debt to income ratio, etc.Also, why FHA? Why not Conventional (which could be...

2nd Mortgage?
Yes. Debt Consolidation + Home Improvement are the two main reasons! :) Then theres the terrible list of reasons why people take out 2nd:-Vacations-Investments (Crypto...lol)-Divorce payout -Law Suit-to gamble-to pay gambling debts-I once heard to buy a Yak farm.....Good luck, and Hope you get to clear...

My house won't sell!
Steps YOU should be doing:1.) Hire a professional Realtor - interview at least 3, or get a recommendation from a trusted friend/family2.) Have a list of questions prepared for the interview such as: How much do you think my home is valued at? How did you come up with this price? What are you going to do to...

on the Loan Estimate
we all feel the same way... when we see the Loan Estimate....we go blank!Costs money to buy a home :)

my Lender is out of business.
You have a note and a servicer. Please remember, you signed loan documents for a loan, promising to repay, in front of a witness (notary public) and have been making payments (history). Just because the Bank went out of business doesnt give you a free pass to stop making the payments.I say this as a help to...

Home repairs Questions
Personal loan could be expensive due to your credit score and might be hard to get. HELOC (Home Equity Line of Credit) if you already have in place, I would say use this, but if you apply for a brand new one...you may run into issues due to fico, credit history (even though they are older than a year, you might be...

Ballon Loan
Who appraised your home? Did you get it done independently or through a mortgage company? Are you presently in the process of a loan? Did that loan process go sideways or is it? Attempt a conventional loan (assuming you are in a county that will allow that high of a limit). Combine 1st + 2nd mortgages, you...

Pre-qualification info.
Simply put Pre Qualifed - ALL verbal....you give the lender a verbal amount of your income/assets/credit score, and you get a pre qualification letter....this letter means zilch!Pre Approval - ALL verified, you send in all your documents and the lender verifies and checks credit...you get a letter that means...