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Answers (5)
- Jay Armbruster, "JAYS1"
- Contributions:40
If you've had your loan since May of 2009 then you might be able to take advantage of the new HARP 2.0 program that is "supposed" to be ready in March of this year. No Appraisal needed.
- Justin Sheftell, "Courtesy Mortgage"
- Contributions:3428
It is surprising that Wells would say they aren't participating since they have been doing those types of loans for nearly 3 years now.
Does your existing loan have any mortgage insurance? That might be a reason why you are running into trouble.
If things don't work out with Wells Fargo, the Open Access version of the program is widely available and as mentioned should not be difficult to locate.
Does your existing loan have any mortgage insurance? That might be a reason why you are running into trouble.
If things don't work out with Wells Fargo, the Open Access version of the program is widely available and as mentioned should not be difficult to locate.
- Andrew Adams, "203K Specialist"
- Contributions:9349
Why is that better Brian?
- Brian Goetz, "bri_gets"
- Contributions:295
Don't call a big bank like Wells Fargo. Call a mortgage company that can either broker it out or has multiple investors which they sell loans to.
For example, we have multiple sources that we sell our loans to. Some of them do it, some of them don't.
That will save you some time calling all the big banks.
For example, we have multiple sources that we sell our loans to. Some of them do it, some of them don't.
That will save you some time calling all the big banks.
At 99% it should easily be available now. What state are you located in?
Where to find lenders participaging in Freddie Mac's Relief Refinance Mortgage program
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