DiscussionLocal mortgage broker forgot to lock in rate and informed me the day of closing. Now rates are 5.5%
QuestionWells Fargo 3-step refinancing
Answertime to clear up some common misconcetions about the Wells Fargo ...
QuestionI need to refinance a rental property loan with baloon due next year.
AnswerHello, you may qualify for the HASP refinance program put into ...
QuestionRefinanced a month ago...should I do it again?
AnswerThe savings were a calculation I ran using amortization software ...
QuestionIs this LEGAL?
Question288k mortgage on 324k house at 6.25% in June worth refinancing?
Best AnswerDavid,If you refinance you'll need to pay mortgage insurance, ...
QuestionIs having 2 mortgages safe?
AnswerClay.I was referring to the fact that he didn't mention anything ...
QuestionI have the option to refi from a 6.5 rate to a 5.0 rate but...
AnswerWell then you've really got nothing to loose. You probably won't ...
QuestionAm I able to negotiate on PMi? Have 82% LTV. Bank wants cash down or PMI.
AnswerYes, you can negotiate. If you want to avoid PMI, you can either ...
Questionwhat is the difference between FHA and a conventional loan?
AnswerRequired Down PaymentCredit ScoresInterest RateMortgage InsuranceTo ...
QuestionCan I refinance an 88% LTV by also rolling closing costs into the loan?
AnswerYes. You can roll closing costs into the new mortgage provided ...
QuestionDo you need to close a line of credit if you're thinking about refinancing?
AnswerTiffany,Huh? If one closes an unused Heloc, it will not ...
QuestionIf I'm "upside-down" on my loan (113k first, 30k second) what are my refinance options? HV ~140k.
AnswerYou will have to go FHA. In the conventional mortgage world, ...
Question80/20 Refinancing Question - Is it possible? Is it worthwhile?
AnswerNo you don't have to pay off. At that price you probably qualify ...



















