Close

See current mortgage rates on Zillow Mortgage Marketplace

Can a lender or lender's servicer take out credit enhancement insurance if the loan documents do not

Profile picture for JordanaTaylor
say that they can and the borrower was not required to buy mortgage insurance at the time the loan was acquired? Somebody did this to me and now I cannot refinance my mortgage because I am underwater on the house and a new lender cannot get equal value mortgage insurance. It also makes me inelligable for HARP. HELP!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

June 29 2012 - Vancouver
 Email Share
 RSS
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (1)

Profile picture for Tall_Marjie
It may be prudent to contact a different lender to find out your rights. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

July 17 2012
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion
Related Questions
Profile picture for Marjie Van Der Laan Broker
QuestionCan a lender or lender's servicer take out credit enhancement insurance if the loan documents do not
  • Latest answer by Marjie Van Der Laan Broker
  • July 17 2012
Profile picture for Steve Vaserman
QuestionHow can we get the loan out of our name?
  • Latest answer by Steve Vaserman
  • November 30 2011
Profile picture for Andrew Adams
QuestionAre there refi options for borrowers in good standing with superb credit but >100% LTV???
  • Latest answer by Andrew Adams
  • October 13 2010
Profile picture for The Wynn Team
QuestionWe had a ch.7 but kept the house. We have a 218,000 loan home worth 207,000 can we refi?
  • Latest answer by The Wynn Team
  • August 04 2010
Profile picture for Russ Shulman
QuestionProblems with HARP again.
  • Latest answer by Russ Shulman
  • March 18 2010
Mortgage Rates
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

Homes for Sale
  1. 16520 NE 42nd St, Vancouver, WA Home For Sale
    16520 NE 42nd St, Vancouver, WA 98682

     For Sale: $274,900

    • Beds: 5
    • Sqft: 2695
    • Baths: 2.5
    • Lot: 4486
  2. 10710 NE 42nd St, Vancouver, WA Home For Sale
    10710 NE 42nd St, Vancouver, WA 98682

     For Sale: $139,900

    • Beds: 3
    • Sqft: 1432
    • Baths: 2.0
    • Lot: 9583
  3. 3035 NE 103rd Loop APT A, Vancouver, WA Home For Sale
    3035 NE 103rd Loop APT A, Vancouver, WA 98662

     For Sale: $164,900

    • Beds: 3
    • Sqft: 1494
    • Baths: 2.0
    • Lot: 3484