Looking to refinance a home, 669 FICO score
You can most certainly do better on your interest rate. There are a LOT of questions we would have to ask and analyze. If you wish to call me you can reach me at 513-898-0498 or email me at cbreng@englending.com. I am very familiar with your area and just depending on a few things we can see if it is worth it or...

When to apply for a VA loan
Hello,Many people are going to tell you to apply as soon as possible. What you want to do is get PRE-QUALIFIED as soon as possible.Call one of the people on this website or go to a local institution and ask if a VA loan is even the best option for you.This isn't going to make alot of sense in the beginning...

Unemployed,current on mortgage. we want to re-fi.
Hello,I would be happy to fill you in with some more info over a phone call. I think here is some basic information and questions?-What was the reason you couldn't refi when you both worked? Income, Credit, Equity?-If you go the route of foreclosing or short selling be prepared to not be able to...

is 620 fico the lowest possible for a good rate?
Having below a 620 greatly hinders what types of loans are available for you. I would contact a mortgage professional who knows about credit repair and see if it is possible to work on your score and get it up. Typically if you are in the 620-640 range or higher you have a greater assortment of loan programs...

No Cost Refinance.
Hey Bill,Many of the answers here are correct. There ALWAYS is cost that goes into loans, however the well known meaning of costs when speaking of a refinance or purchase, it means the CLOSING COSTS. Typically, we can charge .125%-.25% higher rate and the costs themselves vanish. Now you will have a...

what is interest rate on va loan
Depending on a couple things ( disability % if at all, Credit scores, and ultimate goals of the loan for EX a cash out loan) will all depend on rate. What term are you looking for? 30 year, 15yr etc? Rates are in the 3-4% range depending on these factors

Refi under Harp 2
This is correct and if you don't know for sure if it is owned ny either ( many people don't) you can call your current mortgage lender or go to the corresponding website and punch your address in.

Anyone yet doing 90% jumbo refi in CA with no PMI?
Daveyj, if you qualify by income standards we CAN do a 90% Jumbo no PMI loan. Please contact me for details. Email is probably the best way and we can run through the scenario and see if it is possible and beneficial. THANKS!

Should we refinance?
I agree with all these answers. Check what are Fee's and which are associated with the setup for your escrow account. If Currently escrowed you will receive a check back for your current escrow account. Also, you will always get to skip a month's payment when you refinance. Does this still make...

I want to know if HARP 2.0 support rental home or second home?
Yes

My credit score is low low and due to divorce i have to sell my home if i cant get his name off 2nd mortgage?
I agree with the above answer. However, sometimes contacting a bank and not a broker is a better option depending on the banker. I work for a bank and have a credit rescoring system so depending on your credit scenario, in some cases I have raised credit scores by 60-100 points in 2-3 months. There are NOT a...

Refinance To A 20- Or 30-Year Mortgage?
Jim,How far is the home underwater? How much money would the quoted figures save you? How much are the costs? These are all things you have to put into consideration to decide if it is worth it. You will only be able to refi to a 30 year on that program, however I completely agree with paying extra to the...

Need help with Ohio harp 2.0 lender BAC says I don't qualify due to lpmi
Personally, I don't think HARP is this incredible loan program like it is advertised. It only helps a smaller population of consumers.We have programs to help that can give you a great rate with no PMI other then HARP. Please call/email if interested!

Just refinanced 4 months ago--marital situation requires refinance. Question concerning closing costs.
Jillian,Unfortunatlely, you are destined to run into these costs again, one way or another. Because it truly costs Lenders money to approve you for mortgage loans, my best advice would to be to see if someone can give you a great rate with minimal costs. These costs can be absorbed into the interest rate...

Anyone find a lender that will aprove a low FICO score under HARP 2.0?
Bank of England could help with your scenario......A good broker or banker will be able to find someone to help. The Harp programs consists of more then just credit and LTV....as some mentioned previously certain lenders have "overlays" on this program that will not allow them to take full advantage...

Will closing cost be cheaper under HARP 2.0?
Darian,Cap One is probably quoting you closing costs plus setting up your escrow account. We do have programs with very little costs and also can discuss how to eliminate certain costs. I am in Cincinnati and do many different types of refinances on a monthly basis.You may be able to do a Conventional...

Are there lenders outside of your current lender willing to refi under-water mortgages?
Daniel,If your LTV is really that high.....I would say go for it! Based on the LTV alone and some lenders putting overlays on the Harp program, if GMAC can really do it without any out of pocket, its a deal!Obviously you plan on staying there for awhile so i would just pay a little extra every month at the lower...

My mortgage is held by a local credit union - so, I don't qualify for HARP 2.0 because its not owned by Fannie or Freddie. Can I
Hi lisa,My bank does offer programs to help you get a loan similar to HARP 2.0 if you do not have a fannie or freddie loan. I lend in all of Ohio, so if you would like more details feel free to call/email me!

what problems will encouter
It just depends on your situation with income and credit and your son's. I have done many loans like this and if you have a good % to put down as a down payment, it isn't nearly as hard as what others are saying.If your son has good credit you can put it in his name and be a non-occupying co-borrower...

I am in chapter 7 bankruptcy and will have discharged in August 27, 2012. Is there any way to get a mortgage on a new home
Your best bet is to try a lease to own. In the mean time do regular credit checks and make all your payments on time. You will have to re-establish credit, make sure that you don't let anything go to collection, and wait 2 years from the discharge date at a minimum.Good Luck!