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My Wells Fargo mortgage is under water, not owned by Fannie or Freddie and doesn't qualify for HARP.

Profile picture for Joanie0923
What can I do to lower my mortgage rate and payments? I have never had a late payment.
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January 30 - Glenolden
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Answers (3)

Profile picture for sunnyview
Very flippant comment when you are talking about a person's financial life, so spare me from your short sale is great for everyone. It is wrong when you have none of the information that you need.

@Joanie Have you looked into an FHA steamline? I do not know if that would work, but they do not require an appraisal so you might be able to drop your payment/rate. See if any of these programs to lower your payment might work or any to lower your rate might work. Ask WF if there is ANY program that might help you stay current and get legal advice before you even seriously consider short sale.
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January 31
Profile picture for NicholasRibeiro
Short sale, liquidate, and start fresh!
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January 31
Profile picture for SacRELender
If you have equity you can refinance anywhere.  If not, you have few options.  Maybe what Obama spoke of at the SOTU last week?  I take it Wells Fargo didn't jump-up to help you.
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January 30
 

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