can't get a home loan for like 4 months due to income to debt were at 47 % goverment allowed is 44 % of income . but will have two loans gone and be ok then ! one is a credit card payed off the 2nd will be wifes car loan .was told not to do a early pay off it hurt us not help.
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail
Just went in to refi also. The lady who does it only works one day a week. Other days by appt. My rate is 5.375%
ouch! were you underwater? That seems really high.
Am I alone here? Is that it?
Am I the only one who sees.
Maybe we can learn to be just like him.
Wear a little uniform.
Yes, sir.
No, sir.
Thank you, sir.
not sure if where going to do a 30 or 15 year yet. know were approved and how much .but problem now is finding a lender that will handle such a small home loan. were going to be under 50 grand after i make my down payment.
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail
My current rate is 5.375% and I'm underwater now but I bought in 2005. Playing phone tag with the mortgage lady.
Well I'm f*cked. Wells Fargo bought my mortgage and it's backed my Freddie but since the original loan was backed my some mutual fund I won't get any help at all.
I got my home refi'ed in aug, after 1 year. :-) went from 4.625 down to 3.5 going through costco. the closing fees were ~1.5k, and I'll make it up in about 11 months.
After going through that, I found out my old house is backed by freddie, so using the same lender to get that harp refi'ed. who knows how long that'll take, but hopefully, the rates stay in the 3's.
Originally Posted by mcs328
are you going through your current lender for this? you can pick ANY lender you want to do a harp refi. you may want to try talking with someone else, just to make sure. if you're only talking to your current bank, there may be some mis-information to keep you locked in a higher rate.
those are pretty high closing costs, and 6k for a broker also seems really high.
my parents are up in northern nj, right outside of ny, and i know their closing costs are pretty high, but not 15k high. I think it was closer down to 1/2 of that (maybe the mortgage broker payments?).
anyways, as long as you're making that money back real quick, it makes sense to you, so congrats. but it could be worth shopping around multiple places (local brokers as well as national brokers) and do an apples to apples comparison.
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