Question by Frenchie: What programs available to keep homeowners from losing homes?
Is there government agency to refinance?
Best answer:
Answer by Landlord
The government does not have a loan department. They insure loans, viagra more about but you need to get the loan from a bank or mortgage company.
What do you think? Answer below!
Question by psuskind: How to find a real estate agent with FHA experience?
I am pre-approved for an FHA-loan. I heard that’s a mixed blessing because homes that are FHA-approved are hard to find. Is that true? Or can any home be approved for an FHA-loan? What is a good way to find a real estate agent who is experienced with FHA-loans?
Because VALoanguy mentions it: My loan won’t suffice for a house, look so my purchase definitely will be a condo.
Best answer:
Answer by Sixfeettall
You should be fine. An FHA loan doesn’t have anything to do with the type of property you buy, order as long as its within an affordability range as per your pre-approval. If you are pre-approved, just tell the agent that and show them the evidence. They will love you.
What do you think? Answer below!
Question by cool: How do I lower the mortgage rate for a jumbo loan?
How can i lower the mortgage rate for a jumbo loan without defaulting or paying cash to lower the loan below $ 729, viagra approved 000
Best answer:
Answer by maddehn
buy a cheaper house.
Know better? Leave your own answer in the comments!
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You can’t. You would have to bring about 400k to the table to refinance that.
Selling is not an option since high priced homes are not selling at this time
Since you’re using the FHA maximum loan amount ($ 729,000) you should be looking at pretty decent rates when compared to traditional jumbo mortgage rates. The only option would be to lower the 1st mortgage down to $ 417,000 and take out a 2nd mortgage for the difference, which will be next to impossible to find.