Will PMI automatically be cancelled or do i have to submit a request?
You will definitely need to submit a request to your lender. They have no incentive to drop PMI from your loan. Typically, when your outstanding loan amount reaches 78% of the sales price or the appraised value, PMI can be eliminated.

What fees can I expect to pay for an FHA streamline refinance?
The fees to refinance are minimal. In many cases, most of the closing cost of my recent streamline customers has been paid by the lender. I would be happy to put together a Good Faith Estimate for your review. Call me at 571-228-4537 or email me at rthompson@mcleanmortgage.com.

I have a condo, which is investment property, that is underwater. Will I qualify for a HARP loan?
If Fannie Mae or Freddie Mac own your mortgage, then you can potentially refinance. Call me at 571-419-6635 so I can gather some information and run a check.

I have poor credit but my husband's is good. Can I gift a down payment to him to buy a home?
Cynthia, you can provide you husband with the down payment needed to purchase a home. Depending upon your husband's credit, there are many programs (outside the FHA programs) available the will allow you to put a minimal amount of money down. With regard to your title questions, while you...