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What can I do to get more (or better) quotes for my loan request ZR-CWLSBCX

I have a fredy mac  loan and need to refinace it . It is a investment home at 6/5%  Please help
  • November 08 2012 - Clovis
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Answers (5)

Profile picture for Brian GFL Capital
In addition to the investment scenario advise already given, Freddie Mac also does cap their LTV guidelines and are more strict than Fannie Mae so keep that in mind. depending on how high the LTV is you may not qualify for a Open Relief loan.
  • November 27 2012
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I agree with Mr. Plume.....If you still haven't refinanced, I would love to help. My contact info is on my profile.

Ivan
  • November 27 2012
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Who holds the mortgage now?

  • November 13 2012
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If the loan is eligible for the Freddie Mac Relief Refinance Program (Freddie's version of HARP) then the score and LTV aren't relevant.

Investment properties under this program are no more difficult to refinance than primary properties.

Start with your present lender and see if they participate.



  • November 12 2012
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My guess is that your credit scores are too low for an investment property for most lenders.  Also, investment properties are difficult to refinance when underwater.  Have you contacted your existing lender/servicer?
  • November 12 2012
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