what are the other options if your loan is not fanny mae or freddy mac?

If you are not upside on your property, there are options depending on Loan To Value, Credit Score, Property Type, Debt To Income Ratios among other criteria. FHA Insured Loans can refinance property to 97.75% of the Appraised Value. I'm happy to discuss this in more detail if you'd like as a Nationwide Direct Lender! Just let me know. Good Luck!

FHA, VA and USDA all have a type of streamline refinance option where you wouldn't need an appraisal to refinance.. If your loan is conventional, just not owned by Freddie or Fannie, then right now your only option is to ride out the storm.. You could always pay down your mortgage to where you could refinance, however most will tell you that's not the best use of money.. Or you can just sit tight and wait for the property value to rise to where you have sufficient equity to refinance... Then there's HARP 3.0.. However, no details are out, but if this program ever dose become a reality, it could be beneficial to you.. stay tuned... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Based on the way you structured your question, I'm guessing that your loan is also not FHA, VA or USDA. In this case your only real option is to have equity to be able to refinance using traditional financing. IF you are upside down and your loan is none of the above, then your only real option is to negotiate with your current lender. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

send me your info to yourloanpartnerforlife@live.com linda

It depends on your situation, are you upside down? We would need some more information to advise you of your options.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation.Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com

FHA, VA or USDA are all government backed loan options. Banks will also have loans that they hold the servicing on that are not Fannie Mae or Freddie Mac..... John Schweer ..........Mortgage Loan Originator ........... Office: 816-412-3568 .......Email: jschweer@dfckc.com ......... www.afbank.com

The only reason fannie and freddie becomes a factor is if you are lookng for an LTV in excess of 80% and dont want to pay PMI. If this is the case you will have to pay the associated withthe new new if it does not qualify for HARP.

first, what type of loan do you have? also, any behind payments? what is your income ?? and I also have a alternative program that has helped other borrowers.. linda

As you have read in other responses to your question, there numerous other programs or products available. In order to answer your question properly, you would need to provide further details regarding the scenario of your loan request. Please feel free to send me an email at your earliest convenience. Email: Tom@thamesjackson.com Our office is located in Mobile, AL!

More info is needed to give you a completed answer. What type of loan do you have now? If you have an FHA or VA loan, there are streamline programs available. If you have a conventional loan but you don't think it is Fannie or Freddie you may still be able to refinance but some of the factors that need to be considered are loan to value, credit score, debt-to-income, job history, etc. - loan to value, credit score, debt-to-income, hob history, etc. Your best bet is to call a Lender 411 mortgage professional in your area. I know they can give you some good advice. Good luck.

Not enough info for a good response.