CLW asked: We have well water and are refinancing our house with FHA. The appraiser said we may be required to hook up to public water. I need to know if it is required in a refinance. We do not currently have an FHA loan, we are refinancing with FHA. She didn’t know if it [...]
Racheal B asked: To make a long story short, My grandmother bought our house in her name because my husband and I didn’t have enough credit. The plan was that after 2 years we would refinance the house into our names (we have been making the mortgage payments). So when the house was purchased, we [...]
deucedown asked: I was just wondering if it made sense to refinance our 30 year fixed 6.25 home loan. We have owned our home for 3 years and 5 months. What does the interest rate have to fall to in order for it to financially benefit us to refinance?? Any help appreciated.Add a link here [...]
Pamela T asked: Is it easier to modify a loan if you don’t fit the underwriting guidelines for an FHA refinance? Not in foreclosure; just have a high-interest rate ARM and too high of a DTI. Thanks for your input.Add a link here 1
Pamela P asked: I bought a home 3 yrs ago and have since paid it down almost in half. Now I am going through a divorce and am thinking about refinancing. The original loan interest rate is 6.375 and I can refinance for 5.2%. My question is should I refinance as I am paying almost [...]
♥Sweet♥ asked: My husband and I bought a home from my husband’s former employer for $160,000. The home appraised at $140,000. The employer co-signed and put up a $20,000 CD as collateral. We didn’t have good credit and had to pay some things off, so the employer did that for us, so we owed him [...]
lilly101200 asked: I have a mortgage of $170,000 at 5.9% interest and was going to pay it down by $20,000 but am wondering if it would be better to refinance now or wait until the rate goes down even further.Mydomain.com
MC asked: Our home has been on the market for a while now. We need to refinance to lower monthly payment. Can we refinance a home thats for sale?Mydomain.com
howwie77 asked: I owe 40,000 on my second loan for my house. Paying I think 8 or 9% interest. Would it be wise to refinance my 2nd loan?Add a link here 1
hotguyfromrincon asked: I heard about some new government loan where if your home has dropped in value, the government will absorb the depreciation and refinance your house at its current market value. I just bought my first house in August of 2008 for $275,000 which was a foreclosure and the other foreclosed homes surrounding me [...]
JT6+1 asked: Is it best to refinance in the trust or to sign the house over to a family member with better credit and refinance and then put into trust?Add a link here 1
JustSomeGuy asked: I have a good rate with my first mortage at 4.25 fixed for 15 years. I also have a heloc that is adjustible and is at about 8.5 percent right. I would like to refinance the heloc without loosing the rates on the 1st. Is there such a thing?Add a link here 1
ihatevfsf asked: Obviously there is the market value they provide but what other information do they offer the lender that is key to get the refinance?Mydomain.com
JandJ asked: We have our 1st mortgage w/them and are about to refinance at a better rate in the next 30 days. Rumors are going around they are about to declare bankruptcy.Mydomain.com
edernshelm asked: Our current mortgage needs to be refinanced no matter what we decide to do, but we are considering using the home we live in as a rental and buying another house to live in. Our mortgage now requires that we live in the home. How difficult is it to refinance as a rental [...]
Sean T asked: I just bought a home last October. I signed a single 30 year mortgage for 280,000. My interest rate is 6.75%. I have only made 3 payments on this mortgage. With interest rates dropping when is a good time to refinance?Mydomain.com
anuitutu asked: I have a mortgage rate of 6.85%. should I refinance now or will interest rates go down more after the president signs the new bill to help mortgage companies?Add a link here 1
Mr. Congo asked: Thankfully, my mortgage is fixed rate. For those out there who are getting pounded by their balooning adjustable payments, do they have an option to refinance their property with a fixed rate mortgage?Mydomain.com
Amber T asked: So my fiance and I loaned his mother $10,000. She has to refinance her home and is paying us back when that is all finalized. Her house has already been appraised and she has done it before. Her bank says that she qualifies. She is going into the bank on Monday or [...]
Jacqueline W asked: I just locked-in a rate of 5.99% for a new home. If interest rates fall to an all time low, how long must I have a loan before I can refinance? I realize that 5.99% is alreay pretty low (considering the rates were increasing this week), but what if they continue to [...]
Frank M asked: This is in Southern California. I need to broker out a mobile home refinance for someone. Please help and maybe we can make a few extra bucks. Thank you.Mydomain.com
Chonchi asked: We had our house for sale and after 2 months we decided to stay here refinance and use the money to do upgrades. Now I’ve been told that we need to wait 6 months before we can do so. We live in NC, and now we don’t know what to do.Mydomain.com
Keef asked: Wife and I purchased the home a year ago for 475,000 and currently owe 423,000. I hate to say but because of a devorce we have to do something about the house. Is there any way to refinance the house to get a lower payment so the wife can handle the payments on [...]
Penny asked: I filed for bankruptcy in 2004 and I have been paying on it for so long now that I have a chance to pay it on out. I have about a year left to go if I don’t pay it on out. I want to refinance my house. If I pay my bankruptcy [...]
jawsnu7 asked: Is it a good practice to refinance a car or truck. I recently purchased a home and the payment is somewhat large. I was in need of transportation before I purchased the home. I was thinking It would hinder the mortgage process if I bought a new vehicle before the house. I want [...]
Joe asked: I highly doubt feds will drop rates again, so how long should I wait to refinance after this last drop?Add a link here 1