Close

See current mortgage rates on Zillow Mortgage Marketplace

Profile picture for Great renter

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

I would like to refi to a lower rate but had a period of unemployment that casued us to get very delinquent on our mortgage. We are now current and covered all back interest, principle, penalties, fees, etc... but it was damaging to credit profile. Also LTV is 88% vs. Zestimate. 

If I get a Co-signor with good a good credit, earnings and asset profile, will a lender make me a 15 -yr loan with NO PMI REQUIREMENT?  
  Flag content
Close
Report a Problem

Please enter a valid email address.

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.
August 20 2011 - Granger
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

If you've been very deliquent it's going to be tough to get financing period, much less without PMI (it's required in most cases above 80% ltv).  Any idea what your credit scores are?  Feel free to contact me directly as I don't always see the reposts on these. 

When it comes to co-signers, we pretty much always look at the worst case borrower's scores.  So adding someone with great credit doesn't really help in the way that you're hoping.
  Flag content
Close
Report a Problem

Please enter a valid email address.

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.
August 23 2011
Profile picture for jeanyh
Dear Great renter,

If you don't get any answers on here, I would suggest going into our Professionals tab, typing your city and state into the search bar, and contacting a lender directly to get more insight on your situation. 

Jeany
  Flag content
Close
Report a Problem

Please enter a valid email address.

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.
August 23 2011
 
Related Questions
What can I do to get more (or better) quotes for my loan request ZR-DTJCQPY
Profile picture for T.C. Whiting
Latest answer by T.C. Whiting
August 23 2011 | 2 answers
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. 17416 Summer Ridge Dr, Granger, IN Home For Sale
    17416 Summer Ridge Dr, Granger, IN 46530

     For Sale: $519,900

    • Beds: 3
    • Sqft: 2680
    • Baths: 3.0
    • Lot: 13503
  2. 51380 Coveside Dr, Granger, IN Home For Sale
    51380 Coveside Dr, Granger, IN 46530

     For Sale: $599,900

    • Beds: 5
    • Sqft: 4581
    • Baths: 4.5
    • Lot: 36154
  3. 30690 Woodsprings Dr, Granger, IN Home For Sale
    30690 Woodsprings Dr, Granger, IN 46530

     For Sale: $109,900

    • Beds: 3
    • Sqft: 1848
    • Baths: 2.0
    • Lot: 26136