Zillow Advice RSS: Question-Discussion-Guide,Mortgage,Harvard- IL http://www.zillow.com/advice/Harvard-IL/mortgage/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate if i pay off collections will the bank approve my loan http://www.zillow.com/advice-thread/if-i-pay-off-collections-will-the-bank-approve-my-loan/511644/ my house is paid in full, but i need money for repairs, the bank said my credit is fine but because i have collections i can't qualify for any loan. how long will it take to be approved if i pay them off??<br \><br \>8 replies Tue, 17 Sep 2013 02:42:00 GMT http://www.zillow.com/advice-thread/if-i-pay-off-collections-will-the-bank-approve-my-loan/511644/ 2013-09-17T02:42:00Z Refinancing on an upside-down ARM http://www.zillow.com/advice-thread/Refinancing-on-an-upside-down-ARM/178645/ I'm sure this is a fairly popular question.<br/><br/>I purchased my home in 2005 for $128,500. At that point, property values were going up about $2,000/year, so we did a (basically) 100% 80/20 <a href="http://www.zillow.com/mortgage/">loan</a>, anticipating a refi in 3 years. <br/><br/>Now our home is worth $109,000, with the ARM adjusting in 2.5 years and due in full in nearly 5. We are credit worthy to refinance, and would like to get out of the ARM while the rates are good. Neither of our banks will talk to us since we are current on our <a href="http://www.zillow.com/mortgage/">mortgage</a> payment and have no foreseeable events to require a refi.<br/><br/>Does anyone know of any programs in Illinois to <a href="http://www.zillow.com/refinance/">refinance</a> such a mortgage?<br/><br \><br \>4 replies Thu, 18 Dec 2008 16:54:00 GMT http://www.zillow.com/advice-thread/Refinancing-on-an-upside-down-ARM/178645/ 2008-12-18T16:54:00Z