MSV asked: Recently I am refinancing my mortgage, so that I can get cash back to buy a condo overseas. I decided to refinance, the loan officer promise me this and that, the whole bait and switch (Congress needs to make this illegal), I was kind of gullible to believe him, so I sign a [...]
Me! asked: In the middle of January my new husband and I began the process of refinancing our loan. We live in Maryland and we began working with a lender in our area. We paid for an appraiser to come (their recommended appraiser) for $350, as well as paid $200 for some fee that Bank [...]
alec b asked: …even if the original loan had no prepayment penalty? Please refer to the following form. Is it even legal in CA? In the event I / we refinance the loan through anyone, other than “XXX Lender”, within twelve (12) months of the funding date, I / we agree to reimburse “XXX lender” [...]
teia t asked: They said I have to refinance to get the loan placed into my name. Unfortunately at this time I also got laid off from work. I have a nice savings, large severance package & I’m about to apply for unemployment. I’m also rebuilding my credit(Bankruptcy 9 yrs ago) so I’m afraid of [...]
Matt W asked: I want to get a 5/1 ARM interest only loan and keep it for 6 months to a year ( to help me save up more money) and then refinance it to a Normal 30 or 15 year fixed Mortgage. Is this possible? Also what do I have to do to qualify [...]