Published by
Gina Pogol
on
December 10, 2010
in
Mortgage Refinance
.
The FHA Short Refi program, which has been a dismal failure because not a single lender including Fannie Mae or Freddie Mac has signed on (there have been less than 40 applications nationwide for the program so far even though the Administration expected over a million to qualify for it). The program was designed to allow ...
Published by
Gina Pogol
on
November 21, 2010
in
Mortgage Refinance
.
With sub-prime financing so hard to find, hard money lenders are stepping into the gap created by their absence. And if you have plenty of home equity, these folks may be willing to refinance you and significantly reduce your payments. But they may exact a high price in terms of your home equity. How do ...
Published by
Gina Pogol
on
November 19, 2010
in
Mortgage Refinance
.
When shopping for a refinance mortgage, you are told to do a couple of things. First, get quotes from several lenders. Get your Good Faith Estimates and compare fees line by line. Then get back to the lenders and negotiate these fees -- line by line -- and go with the one who comes up ...
Published by
Gina Pogol
on
September 21, 2010
in
Mortgage Refinance
.
If you have bad credit and need a refinance or want a new home loan, your best friend may be a mortgage broker. Mortgage brokers have access to a wider variety of mortgage programs and are better able to help a less than perfect borrower find the right loan. While working for a mortgage broker, ...