Posts Tagged ‘Year Fixed Rate Mortgage’

Should I Refinance Now or Wait for Higher Scores?

Posted on February 6, 2010, 11:07 am, by admin, under Mortgage.

Samantha Taylor asked: Scenario:I’m looking to refinance from 8.5% 30 year fixed rate mortgage to lower 30 year fixed loan. I owe $70,000 on $150,000. My credit scores are 725, 680, and 695. I’m also looking for additional cash of around $5000 to pay off the balance of $3000 on a second mortgage. I don’t [...]

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What is an Fha Secure Refinance

Posted on October 26, 2009, 10:50 am, by admin, under Mortgage.

Rick Smith asked: Are you a good borrower who has struggled recently with late mortgage payments because your adjustable loan was reset to a high rate, or because of a temporary financial hardship?The good news is that you may be able to take advantage of the FHA Secure refinance program and get into a 30 [...]

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