I used HARP to refinance from a 7-percent rate to 5.375 a few years ago. When I wanted to get a refi at current rates the appraisal came in too low. I don't have enough equity in the current market for ...
I want to keep my current home, but commuting is not an option. I'm in a financial position where I could rent, but hate to throw away the money. Should I be a single-family home or condo, or perhaps a ...
I recently refinanced our home to take advantage of the lower rates. It is an FHA 30yr loan. AFTER refinancing, my wife and I decided to buy a 2nd home and possibly rent our first home since we would ...
I got an appraisal for a home equity loan and it indicated that I own more than 20% of the home, meaning that mortgage insurance should be cancelled, but the bank is refusing to acknowledge the appraisal
I have a client that owns a U.S. company, Has U.S. corporate tax returns and holds the L-1 Visa. However, he is a Canadian citizen and does not have U.S. citizenship, nor green card, nor is a non reside...
I bought a condo back in 2006 @ 7%. I owe more than the condo is worth. It was my primary property. However it's now a investment property. My current lender said it doesn't qualify for the streamline r...
Hello, Looking for a Portfolio Lender for a home we are looking to Purchase here in the greater Orlando FL. area, We are 2.5 years removed from chapter 7 BK ( Home INC Chapter 7) 1.5 years from DIL...
Under Freddie/Fannie HARP 2.0 guidelines, loans with LPMI are permitted. However, many lenders do not want to refinance laons with LPMI. Can you please explain what it is about LPMI that makes it proble...
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