Can anyone figure out how to refinance me???!!

There is NO WAY to refinance this loan into your own name, unless the Seller agrees to remain on the loan. At lease 1 Original Borrower must remain on the loan while being able to added a previous non borrower to the file. For more help, email me directly! Thank you.

NateoisI have done loans for these situations in the past. I will need to have more info to give you a proper answer.9162610499 scott

I have done loans for these situations in the past. I will have to have more information to give you a proper answer. Call me at 9162610499. Scott Scott

The underwriter didn't "pull" the file at the 11th hour. An inexperienced application clerk (most likely at a bank) didn't do a very good job in the beginning in reviewing the application. There isn't enough information here to let anyone give you a good answer, but this is a great example of why you should sit down with a local NON-Bank Licensed Loan Officer whenever financing a home. 10% of your success is the company you choose. 90% of the success is the Loan Officer you choose. Good Luck

Need more info regarding the structure of the loan. So the seller took a 2nd mortgage? Is there a balance left on that? Also, who is on the Note with BofA?

This sounds like a "land contract" or "contract for deed" and my guess is that you are stuck until/unless the market improves or you can find cash to make up the difference. Under HARP one of the original borrowers must remain on the deed even though you were making the payments. A good loan officer (bank or non-bank) would have known you might have problems not having 2 years self employment, but in some cases it IS possible to obtain a mortgage with less than two years depending on the type of loan (conventional/conforming would allow this), strength of the borrower and "underwriter discretion".

Need more info to help you Nate.

Need more details before I can give you my answer.

Unfortunately the scenario would not qualify for harp as the originals borrowers would have to remain on the mortgage. If you we're not underwater you could do a conventional refinance in just your name as long as you have been on title in most case a minimum 12 months.

This loan can be done so talk to a a couple of the people that can help.

If your loan was not sold to Fannie/Freddie before 5/31/09, you will NOT qualify for HARP. Your summary leads me to believe that you MAY qualify for HARP. If you do, either you or your wife would need to have been on the original note WITH the seller in order to have him removed from the new loan.

Go to a local lender with lots of experiance who is not tied to a bank. They can analyze all the facts and give you a better answer. Good luck!