Zillow Advice RSS: Question,Refinance,AL http://www.zillow.com/advice/AL/mortgage-refinance/question/ Zillow Advice search results | Zillow Real Estate Looking for a VA Lender that that can help refinance a mortgage that was not reaffirmed http://www.zillow.com/advice-thread/Looking-for-a-VA-Lender-that-that-can-help-refinance-a-mortgage-that-was-not-reaffirmed/565867/ I am having difficulty refinancing my home because my first mortgage was not reaffirmed after my bankruptcy was discharged in 2011. I have been paying on the home for over 10 years and continued to do so even after the bankruptcy. However, since the loan was not reaffirmed the bank stopped reporting the payments to the credit bureaus. This seems to be a deal breaker for some lenders since the recent payment history is not on my credit report even though my income and credit score are acceptable and the mortgage statement shows that the loan is current and paid up to date. I would like to do a 15 yr. VA cash out loan.&nbsp;<br/>Thanks in advance,&nbsp;<br/>Jon Mills<br \><br \>5 replies Sat, 08 Nov 2014 17:47:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-VA-Lender-that-that-can-help-refinance-a-mortgage-that-was-not-reaffirmed/565867/ 2014-11-08T17:47:00Z Looking for a VA Lender that that can help refinance a mortgage that was not reaffirmed http://www.zillow.com/advice-thread/Looking-for-a-VA-Lender-that-that-can-help-refinance-a-mortgage-that-was-not-reaffirmed/565867/ I am having difficulty refinancing my home because my first mortgage was not reaffirmed after my bankruptcy was discharged in 2011. I have been paying on the home for over 10 years and continued to do so even after the bankruptcy. However, since the loan was not reaffirmed the bank stopped reporting the payments to the credit bureaus. This seems to be a deal breaker for some lenders since the recent payment history is not on my credit report even though my income and credit score are acceptable and the mortgage statement shows that the loan is current and paid up to date. I would like to do a 15 yr. VA cash out loan.&nbsp;<br/>Thanks in advance,&nbsp;<br/>Jon Mills<br \><br \>5 replies Sat, 08 Nov 2014 17:47:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-VA-Lender-that-that-can-help-refinance-a-mortgage-that-was-not-reaffirmed/565867/ 2014-11-08T17:47:00Z Refinancing my home to buy another? http://www.zillow.com/advice-thread/Refinancing-my-home-to-buy-another/563682/ Hi guys, I've found a house I would like to buy, I currently live in a house worth around $140k, that I owe around $85k on. I would like to refinance it to get my payment down so I can rent it out, and get a mortgage on this other property, it's listed at $189k. How can I go about doing this?<br \><br \>10 replies Tue, 21 Oct 2014 04:06:00 GMT http://www.zillow.com/advice-thread/Refinancing-my-home-to-buy-another/563682/ 2014-10-21T04:06:00Z FHA Streamline Refinance Question http://www.zillow.com/advice-thread/FHA-Streamline-Refinance-Question/471350/ Hi.&nbsp; We have an FHA loan on our home, originally made in July, 2000.&nbsp; Our interest rate is 7.15%.&nbsp; Our home is worth about $91000, and we owe approximately $68500.&nbsp; We have never been late on a payment.&nbsp; Our existing lender does not offer any sort of refinancing, streamline or otherwise.&nbsp; I have been talking with a representative from Freedom Mortgage about refinancing, and their offer seems ok.&nbsp; They can 3.875%, and our payment would drop around $85 per month.&nbsp; I would rather refinance with a bank, but can't find one willing to do a streamline refinance unless they hold the original loan.&nbsp; Does anyone have any information about Freedom Mortgage or any advise about other companies I can contact for information?&nbsp; Thanks in advane.<br \><br \>11 replies Sat, 15 Dec 2012 04:33:00 GMT http://www.zillow.com/advice-thread/FHA-Streamline-Refinance-Question/471350/ 2012-12-15T04:33:00Z Refinance with 500 credit score http://www.zillow.com/advice-thread/Refinance-with-500-credit-score/556991/ I have to refinance a 1999 doublewide manufactured home due to a divorce. I have a discharged bankruptcy (2010) and a son with major medical issues(equals lots of medical bills) Is there any hope of getting a refi?<br \><br \>2 replies Thu, 28 Aug 2014 17:44:00 GMT http://www.zillow.com/advice-thread/Refinance-with-500-credit-score/556991/ 2014-08-28T17:44:00Z Can I refi my VA loan for debt consolidation with 594 credit score http://www.zillow.com/advice-thread/Can-I-refi-my-VA-loan-for-debt-consolidation-with-594-credit-score/553287/ 4 replies Tue, 05 Aug 2014 21:26:00 GMT http://www.zillow.com/advice-thread/Can-I-refi-my-VA-loan-for-debt-consolidation-with-594-credit-score/553287/ 2014-08-05T21:26:00Z who can loan on an earth sheltered home, no will give you an appraisal to use as loan value http://www.zillow.com/advice-thread/who-can-loan-on-an-earth-sheltered-home-no-will-give-you-an-appraisal-to-use-as-loan-value/356956/ 7 replies Thu, 08 Jul 2010 15:50:00 GMT http://www.zillow.com/advice-thread/who-can-loan-on-an-earth-sheltered-home-no-will-give-you-an-appraisal-to-use-as-loan-value/356956/ 2010-07-08T15:50:00Z How to find a lender for lake lot with mobile home in zip code 35131 http://www.zillow.com/advice-thread/How-to-find-a-lender-for-lake-lot-with-mobile-home-in-zip-code-35131/542632/ We purchased a mobile home and did a owner finance on the lake lot.&nbsp; We would like to refinance with both combined or at least just the lot.<br \><br \>2 replies Tue, 27 May 2014 04:19:00 GMT http://www.zillow.com/advice-thread/How-to-find-a-lender-for-lake-lot-with-mobile-home-in-zip-code-35131/542632/ 2014-05-27T04:19:00Z Looking for a lender in AL http://www.zillow.com/advice-thread/Looking-for-a-lender-in-AL/539892/ Is there a lender that can do an FHA Streamline on a &nbsp;NOO in Alabama? I have a client who is looking to refinance. Here is the situation:<br/><br/>"The first mortgage is with Flagstar Bank (refinance the first mortgage in June/July 2010); outstanding principal is $173,024; this is a 30-year, fixed rate loan at 4.875%.&nbsp;&nbsp; The second mortgage is with Green Tree; it's a 15-year, balloon payment (originated in 2006; they agreed to subordinate the loan when I refinance the first mortgage in 2010); outstanding principal is $42,068"<br \><br \>2 replies Thu, 08 May 2014 17:16:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-lender-in-AL/539892/ 2014-05-08T17:16:00Z If I do a streamline FHA refinance on my current loan, does my 5 year MI requirement start over? http://www.zillow.com/advice-thread/If-I-do-a-streamline-FHA-refinance-on-my-current-loan-does-my-5-year-MI-requirement-start-over/506845/ 5 replies Wed, 14 Aug 2013 15:30:00 GMT http://www.zillow.com/advice-thread/If-I-do-a-streamline-FHA-refinance-on-my-current-loan-does-my-5-year-MI-requirement-start-over/506845/ 2013-08-14T15:30:00Z Is there a bank that will refinance investment property loan under $50,000? http://www.zillow.com/advice-thread/Is-there-a-bank-that-will-refinance-investment-property-loan-under-50-000/489509/ I owe about 48k on townhouse worth about 65k, and I can't find a bank willing to refinance any business loan under 50k.<br \><br \>1 reply Thu, 25 Apr 2013 14:52:00 GMT http://www.zillow.com/advice-thread/Is-there-a-bank-that-will-refinance-investment-property-loan-under-50-000/489509/ 2013-04-25T14:52:00Z Why would your estimate of a house be $30,000.00 different than what it actually appraised for? http://www.zillow.com/advice-thread/Why-would-your-estimate-of-a-house-be-30-000-00-different-than-what-it-actually-appraised-for/478160/ The mortgage company used your website to estimate my homes worth.&nbsp; Your estimate and the actual appraisal was $30,000.00 off.&nbsp; Now, the company wont refinance with me.<br \><br \>5 replies Mon, 11 Feb 2013 14:04:00 GMT http://www.zillow.com/advice-thread/Why-would-your-estimate-of-a-house-be-30-000-00-different-than-what-it-actually-appraised-for/478160/ 2013-02-11T14:04:00Z refinance again? http://www.zillow.com/advice-thread/refinance-again/475354/ i bought prop in 2007 and refinanced in 2010. my rate is still 4.625. can i refinance again to get good rate?<br \><br \>2 replies Tue, 22 Jan 2013 15:57:00 GMT http://www.zillow.com/advice-thread/refinance-again/475354/ 2013-01-22T15:57:00Z I closed on a loan on Mortgage refinance on Nov 15 with disbursement set 4 days later but still no $ http://www.zillow.com/advice-thread/I-closed-on-a-loan-on-Mortgage-refinance-on-Nov-15-with-disbursement-set-4-days-later-but-still-no/469643/ Close on the 15th of November with a disbursement date for 4 days later and with a date set forth in the closing documents but after 2 weeks the company has not disbursed and funds putting me into a near financial crisis. Are there any laws covering this or am I left stuck with little or no recourse till they decide to fund the loan. Now I owe the next payments for everything that was to be paid off in the mortgage loan. Anyone with an answer please let me know<br \><br \>7 replies Tue, 27 Nov 2012 18:17:00 GMT http://www.zillow.com/advice-thread/I-closed-on-a-loan-on-Mortgage-refinance-on-Nov-15-with-disbursement-set-4-days-later-but-still-no/469643/ 2012-11-27T18:17:00Z What can I do to get more (or better) quotes for my loan request ZR-SKGXMZD http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-SKGXMZD/450991/ 0 replies Sat, 14 Jul 2012 16:59:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-SKGXMZD/450991/ 2012-07-14T16:59:00Z Looking to get a refinance deal...located in the Huntsville, AL area http://www.zillow.com/advice-thread/Looking-to-get-a-refinance-deal-located-in-the-Huntsville-AL-area/439116/ Hello, this is my first post on Zillow.com, although I've been lurking around with&nbsp;out an account for some time.&nbsp; :)&nbsp; Anyway, I live in Huntsville, AL and&nbsp;I am looking to refinance my home in the&nbsp;very near future&nbsp;(currently at a 5.5% rate for 30 years) in which I purchased March 2010.&nbsp; I am guessing the value of my home to be around $185,000 and my payoff is right around $164,000.&nbsp; I have both an excellent credit rating, 750+ and income to debit ratio.&nbsp; Anybody intereted in sending me an offer? I'd like to hopefully get below 3.0% on&nbsp;a 15 year with 0 points. I realize that I will have to pay PMI but I hope with my&nbsp;approx. 10% equity it will be&nbsp;only at .5 to .75% and not a full 1%. However, I am also interested in lender paid PMI with me possibly taking a slightly higher rate. Aimloan.com is saying 2.875% (but the fine print says assuming&nbsp;25% equity or more)&nbsp;with 0 points and approx. $2000 in fees, not including credit report.&nbsp; I plan to call tomorrow and check more into them.&nbsp; A local lender with BBVA Compass is offering 3.5%&nbsp;with 0 points, with lender paid pmi, and approx. $1275 in fees exc. credit report, tax service, and flood cert.&nbsp;&nbsp;<br/><br/>Thanks in advance for your attention to my post!<br/><br/>Mark<br \><br \>1 reply Sun, 15 Apr 2012 17:16:00 GMT http://www.zillow.com/advice-thread/Looking-to-get-a-refinance-deal-located-in-the-Huntsville-AL-area/439116/ 2012-04-15T17:16:00Z Looking for lender TRULY knowledgeable on HARP 2.0 refi in alabama http://www.zillow.com/advice-thread/Looking-for-lender-TRULY-knowledgeable-on-HARP-2-0-refi-in-alabama/437118/ I have a rental property in mobile, AL that I need to re finance with HARP 2.0 program. <br/>How can i find a lender TRULY knowledgeable on HARP 2.0 refi in alabama?<br \><br \>5 replies Thu, 29 Mar 2012 18:49:00 GMT http://www.zillow.com/advice-thread/Looking-for-lender-TRULY-knowledgeable-on-HARP-2-0-refi-in-alabama/437118/ 2012-03-29T18:49:00Z Looking for a VA IRRL (streamline) refinance in Alabama. Low orginiation fees. Anyone? http://www.zillow.com/advice-thread/Looking-for-a-VA-IRRL-streamline-refinance-in-Alabama-Low-orginiation-fees-Anyone/418144/ current rate at 5.75. Looking to reduce.<br \><br \>5 replies Wed, 05 Oct 2011 02:55:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-VA-IRRL-streamline-refinance-in-Alabama-Low-orginiation-fees-Anyone/418144/ 2011-10-05T02:55:00Z New FHA Hybrid Loan - Refinance with NO FEES? http://www.zillow.com/advice-thread/New-FHA-Hybrid-Loan-Refinance-with-NO-FEES/416786/ My sister is in the process of refinancing, the offer they have received from Peoples Bank in Alabama has this claim for an FHA Hybrid Loan:<br/>- no fees<br/>- no appraisals<br/>- roll over current balance/no cash out<br/>- begins with a very low rate that will only go lower on the 4th year and begin to climb 1% around 5th or 6th year but with a cap that will protect them...<br/>- <strong>when I asked how Peoples Bank would benefit in all this, she said they were told</strong> <u>the govt is doing this for people due to the economy and it is completely at no cost to her and her husband.&nbsp; The bank receives their incentive&nbsp;from FHA and it is&nbsp;backed by the US Treasury;&nbsp; banks are paid by the govt to offer these loans to stop the current foreclosure frenzy.<br/></u> She sent me a copy of the offer with all of the bells and whistles printed all over it. I'm not sure if I can attach, BUT, if this is true why wouldn't all of us be better off refinancing with this "new" - no cost to me, offer from our friendly US Govt.&nbsp; <br/>She was told that even with the worst case scenario where interest rates are concerned her payments will never go above what she is paying now.<br/>Is this real?<br \><br \>10 replies Fri, 23 Sep 2011 14:07:00 GMT http://www.zillow.com/advice-thread/New-FHA-Hybrid-Loan-Refinance-with-NO-FEES/416786/ 2011-09-23T14:07:00Z For a joint owner home can one of the parties refinance without concent of the other? http://www.zillow.com/advice-thread/For-a-joint-owner-home-can-one-of-the-parties-refinance-without-concent-of-the-other/410031/ 3 replies Tue, 02 Aug 2011 18:32:00 GMT http://www.zillow.com/advice-thread/For-a-joint-owner-home-can-one-of-the-parties-refinance-without-concent-of-the-other/410031/ 2011-08-02T18:32:00Z