Refi now or Wait for 2012 Refi relief plan?
Hi there. Look at the adjustment caps of your current loan. With 5-yr conventional ARM's, they are typically 5/2/5. The first 5 means that your very first adjustment can go up or down (from your start rate) a maximum of 5 %, so your math sounds accurate for calculating your new...

BOA Harp 2.0 was not what I was looking for..Can anyone else out there help?
Hi there. Most likely if you go through a wholesale lending channel like ours, you will be offered a much better deal than your current servicer BOA. That said, most of the lenders we have access to our still in the process of rolling out their version of HARP 2.0. At least a few of them are scheduled for...

Who is the most fleixble HARP2 lender? We have a special case.
I have a lender that will do the unlimited LTV loan and the transfer of your MI (assuming your loan has MI). They will also do investment properties (non-owner occupied). Call me at 801-652-7320.

Single Premium PMI
Hi there. You can finance the single premium even on a purchase, inasmuch as it doesn't exceed the maximum loan-to-value for the specific loan product you've selected (typically 95 % with most conforming lenders). So if you're putting down 5 % only and you're financing a 2 %...

Can I refinance an RD loan into an FHA mortgage?
I agree with the above posts, but I would consider an RD streamline loan that doesn't require an appraisal (which could be appealing if you're want to lock in a lower interest rate but have lost some value since purchase). I did one recently for someone who had en existing RD loan, and it...

Is it possible to refinance two properties simultaneously?
I would caution against using the same lender just for the sake of convenience. I would ensure you're getting the right loan for eacy property at the right price point, and not all lenders have sweet spots on every loan product. So I'd take fit and better pricing over convenience most of the...