Sell my house or re-finance with another lender?
by 350.org Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score? Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines? Best answer: Answer by kellyyes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking. Give your answer to this question below! by marsmet526 Question by Allison: why is my FHA mortgage banker refiance taking so long? We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else? Best answer: Answer by MoneyMonkeySometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere. Add your own answer in the comments! Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application? During my application for modification or refinancing program to get a lower rate, information pills after 4 month back and forth with paper work, without any detail explanation, the letter said I was not qualified I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing. Two month later our mortgage was sold to LBPS/Seterus a motrgage service company. Best answer: Answer by A HunchSeturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner. Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too? Know better? Leave your own answer in the comments! by Center for American Progress Question by ruby: How long is the process of a Home Affordable Modification Program with a bank last.? I’m in a Modification Program with my bank since April and they are giving me the run around. My three months trial period had ended. They ask me for document which i presented, there now ever other week they are asking for the same documents or something new. I pay my mortgage on time and i have done ever thing in my power to please this bank. I have a lawyer on the case but nothing have change and i don’ t have any money to seek another. How can i resolved this situation. Best answer: Answer by linkus86Loan modification is subjective Stay prepared and make copies of everything. Don’t be afraid to seek another contact person in regards to the modification. Be tenacious in your efforts. Give your answer to this question below! Question by A A: How much could I get a mortgage for if I make 31k a year? I’ve been hearing about this 8k home credit if your a first time homebuyer and...
Read MoreHow long is the process of a Home Affordable Modification Program with a bank last.?
by 350.org Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score? Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines? Best answer: Answer by kellyyes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking. Give your answer to this question below! by marsmet526 Question by Allison: why is my FHA mortgage banker refiance taking so long? We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else? Best answer: Answer by MoneyMonkeySometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere. Add your own answer in the comments! Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application? During my application for modification or refinancing program to get a lower rate, information pills after 4 month back and forth with paper work, without any detail explanation, the letter said I was not qualified I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing. Two month later our mortgage was sold to LBPS/Seterus a motrgage service company. Best answer: Answer by A HunchSeturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner. Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too? Know better? Leave your own answer in the comments! by Center for American Progress Question by ruby: How long is the process of a Home Affordable Modification Program with a bank last.? I’m in a Modification Program with my bank since April and they are giving me the run around. My three months trial period had ended. They ask me for document which i presented, there now ever other week they are asking for the same documents or something new. I pay my mortgage on time and i have done ever thing in my power to please this bank. I have a lawyer on the case but nothing have change and i don’ t have any money to seek another. How can i resolved this situation. Best answer: Answer by linkus86Loan modification is subjective Stay prepared and make copies of everything. Don’t be afraid to seek another contact person in regards to the modification. Be tenacious in your efforts. Give your answer to this question...
Read Morecan i sue chase bank for selling my mortgage with good credit during a HARP application?
by 350.org Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score? Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines? Best answer: Answer by kellyyes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking. Give your answer to this question below! by marsmet526 Question by Allison: why is my FHA mortgage banker refiance taking so long? We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else? Best answer: Answer by MoneyMonkeySometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere. Add your own answer in the comments! Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application? During my application for modification or refinancing program to get a lower rate, information pills after 4 month back and forth with paper work, without any detail explanation, the letter said I was not qualified I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing. Two month later our mortgage was sold to LBPS/Seterus a motrgage service company. Best answer: Answer by A HunchSeturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner. Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too? Know better? Leave your own answer in the...
Read MoreBank Profits Soar as Washington Subsidies Flow
by icantcu Question by rm: where can i get a online payday loan with no credit check? I need a payday loan but every online one I checked – just keep transferring me around to other sites for payday loans – and i never get anywhere. I need about $ 300.00 till next payday – one that won’t make you fax anything back – and don’t check credit – i am desperate for a loan Best answer: Answer by StellaHello Good Day, nurse healing I saw your question I have decided to help people out due to the fact that I myself have been scammed three times by three lenders in my search for a loan but at last I got a reliable lender. That gave me the loan ($ 30,000) that I was in dire need off. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. You can reach him via his email address: euroloanservice@live.com, Please tell him that stella mark from.CANADA ask you to come ok. God be with you. Add your own answer in the comments! Mortgage Rates Preview : Over 72 Hours, recipe Rates Reach 4-Month High The Fannie Mae (FNMA) 3.0% 30-year coupon — the basis for conforming mortgage rates — gave up a monstrous 24/32. As a result, mortgage rate shoppers in search of "prime" mortgage loans and HARP 2 mortgage rates saw rates climb by as much as 0.25 … For more informaiton please visit here… US rate on 30-year mortgage slips to 3.34 pct. Average U.S. rates on fixed mortgages moved closer to their record lows this week, a trend that has made home buying more affordable and helped sustain a housing recovery. Mortgage buyer Freddie Mac says the average rate on the 30-year loan slipped to … If you would like more informaiton please visit here… Mortgage Rates Deal of the Day: Northwest Community Credit Union, Oregon at … The current mortgage rates offered by Northwest Community Credit Union, Oregon are fixed, which means borrowers have the security of a monthly payment they know will never change. In order to take advantage of the institution's current mortgage rates, … If you would like more informaiton please visit here… Fed: Mortgage rates won't get much lower In fact, observers have been flummoxed about a split between home loans rates and mortgage bonds. While the latter has continued to drop, mortgage rates have been stuck in the mid-3% range. Based on prices for mortgage-backed securities, home loan … More informaiton please visit here… Check out these apartment developing pictures: Berlin Hansaviertel Contemporary Apartments Image by joseph a This modern apartment building is positioned in Berlin’s Hansaviertel region. The Hansaviertel was the result of the 1957 Interbau (international creating competition), website like this and I loved acquiring to explore all the modern buildings about there. Far more wonderful homes click right here… Highland Park Survey 2008 Image by waltarrrrr This apartment building on echo had a fire a couple of years ago. More fantastic homes click here… Bank Profits Soar as Washington Subsidies Flow HARP gives subsidies to homeowners who refinance with the banks that currently hold their mortgages—but not with other banks. In a market with restricted competition, viagra order HARP allows lenders to capture a government subsidy, ask sharing little of the benefit … If you would like more informaiton please visit here… Mortgage Rates: Low Mortgage Rates To Remain in 2013 According to Freddie … In many cases, lenders will request additional information after examining...
Read MoreQ&A: Is it right for the Feds to Bail Out the Wealthy with Tax Dollars?
Question by matinmom: Has anyone with a Wachovia mortgage had any success refinancing or modifying their loan? I just spoke to a Wachovia rep and he said they’re not offering the Hope for Homeowners program nor the Homeowner’s Affordability Program. What’s going on? I thought the government put these programs in place to help stabilize the mortgage crisis. Has anyone out there had success with a refinance/modify on their mortgage? If so, healing drugs which bank are you with and how did you do it? Best answer: Answer by JadaOh boy….I had to deal with Wachovia before and they are jerks! I would maybe try talking to your bank or credit union to see if you can refinance. Good luck! Give your answer to this question below! Question by Me, medications Too: Is it right for the Feds to Bail Out the Wealthy with Tax Dollars? The stock market recently plunged. There was a great deal of “pain” on Wall Street, diagnosis as the wealthier percentage of our citizens and Corporate traders went into a panic. Not once, check but several times, the Feds poured money out to rescue the market. However, there was no bail-out for the homeowners losing their homes, the mortgage foreclosures that caused the stockmarket plunge. Is it right for the Feds to bail out wealthier investors, while ignoring the plight of citizens unable to pay their mortgage costs, using their tax money to do it? Best answer: Answer by chocolahomaMay I remind you that the “wealthy” are the ones who hire and pay the rest of us. If they take a sudden financial hit, their response will be to lay off employees. When employees get laid off, the “wealthy” take another hit and the cycle repeats. Everything in the economy is connected, its much much more complex than almost any of us can grasp, and you’re gonna scream bloody murder if unemployment starts to rise… So there’s really no answer that will please you other than “rich=bad” and “government=evil”. What do you think? Answer...
Read MoreFha Harp Refinance Program 2012
[cr] by jann_on Question by GranolaGurl: What is the best way to go about refinancing your home mortgage? I generally know that I would try to find a bank or lending place that will offer me a lower rate than I currently have, sildenafil but was wondering how to make sure the new terms are to my advantage. For example, my realtor helped me go over my mortgage materials originally and do not want to agree to something that isn’t a good idea, i.e., hidden fees. Best answer: Answer by charles wi dont know Add your own answer in the comments! Statement Of Robert E. Story, approved Jr., CMB Chairman, Mortgage …program and Federal Housing Administration According to the U.S. Department of the Treasury’s Making Home Affordable Program Servicer Performance Report Through February 2010, â?¢ Changes to FHA‘s refinance options to encourage principal write downs of the existing mortgages; … Visit Document Bank Of America Home Loans – Wikipedia, The Free EncyclopediaThese mortgage bankers are primarily customers of Countrywide Home Loans which have primarily been originated under Federal Housing Administration (FHA which includes the collection of government insurance and guarantee proceeds relating to defaulted FHA and VA program … Read Article Avoiding ForeclosureHome Affordable Refinance Program â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦â?¦ 26 . the Federal Housing Administration (FHA) program called HOPE for … View Full Source CUNA Conference Call On “Making Home Affordable” – Michigan …This program currently does not apply to FHA, VA or USDA loans, but Treasury is working to amend this to include them. The Home Affordable Refinance Program â?? Freddie Mac. … Retrieve Content About Experts Sitemap – Group 8 – Page 2 – Spiderbites Of …Http://en.allexperts.com/q/Real-Estate-Home-1842/2009/2/Refinance-15.htm http://en.allexperts.com/q/Real-Estate-Home-1842/2009/11/FHA–Home-Rental-due.htm http://en.allexperts.com/q/Real-Estate-Home-1842/2009/4/Making-Home–Affordable-refi.htm … Read Article Check Your Eligibility For Home Affordable Refinance Program …Get Approved for home mortgage refinance loan under obama stimulus plan for different mortgage refinance programs like FHA Streamline Refinance, bad credit mortgage refinance … View Video A BILLI 112 TH CONGRESS 1 ST S ESSION H. R. 830 To rescind the unobligated funding for the FHA Refinance Program and to terminate the program. of the Making Home Affordable 6 initiative of the Secretary of the Treasury. 7 SEC. 3. … Fetch Here Housing Help Foreclosure Prevention GuideThe Federal Housing Administration (FHA) insures loans on single-family and multi-family homes made by FHA-approved lenders. Home Affordable Refinance Program (HARP) What is it? … Access Document Making Home Affordable General OverviewFor judicial modification of certain home mortgages through bankruptcy â?¢ Strengthening Hope for Homeowners and other FHA programs â?¢ Strengthening Support Low Mortgage Rates by Strengthening Confidence in Fannie Mae and Freddie Mac Home Affordable Refinance Program for Responsible … Retrieve Document United States Department Of Housing And Urban Development …Which provides a secondary market to the Federal Housing Administration Many major affordable housing and homelessness programs are administered under Community Planning and Development. the HOME program, Shelter Plus Care, Emergency Shelter Grants … Read Article Santa Clarita Home Affordable Refinance Program …Http://www.MortgageVideoBlog.com 661-877-4656 Santa Clarita Real Estate Home Affordable Refinance Program is available til June 10, 2010. 0:35 Add to FHA Secure Refinancing Program by lawinfo 7 views … View Video Section F. Refinance Of Borrowers In Negative Equity …Announced enhancements to the existing Making Home Affordable (MHA) Program and Federal Housing Administration refinance program that will give a a borrower who is current on his/her mortgage may qualify for an FHA refinance loan provided that the lender or investor writes off the unpaid … Return Doc FHA Streamline Refinance – Trust Mortgage LendingThe FHA streamline refinance loan program isnâ??t new; the FHA insures home loans against the borrowerâ??s default...
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