I have a home loan with IndyMac bank since summer of last year. The interest rate is 6.5%. My credit is good, mid 750s. I was wondering if banks (if you have this particular bank your info would be appreciated) refinance with their own current customers, and what the fees might be to do this. [...]
Category Archives: refinancing home
This is about home refinancing. My husband would like to refinance but my credit is poor.?
Posted by admin on July 21, 2010
2 comments
If he refinances with our son, who has better credit then I do, would that mess up my sons chances of getting home financing in the future? Also would that put my son on the deed and take me off? Would it affect my sons ability to purchase a home even if we showed that [...]
What are the FHA or HUD requirements for refinancing my mobile home in North Carolina?
Posted by admin on July 21, 2010
2 comments
I recently started the refinancing process of my home, located in Charlotte, and now have told that it must meet the HUD foundation requirements for manufactured homes. I have lived in my home for years with no problems, so what are these requirements and why are they needed? HUD foundation requirements are required by ALL [...]
Refinancing a home loan do I need to put 20% down again?
Posted by admin on July 21, 2010
7 comments
With all the mortgage rates dropping, I’m considering refinancing my home loan. Do I have to put a 20% down payment again to avoid PMI even for a refinance? My concern is that if my montly payments get lower, but now I will have to pay PMI, it might be more feasible for me to [...]
What are the most common things a home inspector looks for when it comes to refinancing a home?
Posted by admin on July 21, 2010
3 comments
owned home about a year/need to refinance to remove $200 month PMI/need house to appraise for approx. $20k more than original purchase price. Told when we bought the place we should be able to refinance in 6 to 12 months to remove the PMI. Have not really done much improvement to it yet-mostly due to [...]
I need information about refinancing my home?
Posted by admin on July 21, 2010
1 comment
I have been in my home for about 6 mos and I have bad credit plus a bankruptcy that was discharged. The bankruptcy was done dischaged before I bought my home which made my interest rate very high. I am trying to see if anyone knows if I can refinance after just 5 or 6 [...]
What are the risks associated with refinancing home loan with a local lender instead of the big companies?
Posted by admin on July 19, 2010
3 comments
we are in the process of refinancing our home & i recently submitted my contact info online & i’m receiving calls from many of the local lenders, Can anybody let me know if there are any risks associated with the small companies instead of going with big banks like Wells fargo , BOA or WaMu [...]