Zillow Advice RSS: Question-Discussion-Guide,Refinance,Livermore- CA http://www.zillow.com/advice/Livermore-CA/mortgage-refinance/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Is a scedule e commercial mortgage figured in the back end ratio for a primary home refi? http://www.zillow.com/advice-thread/Is-a-scedule-e-commercial-mortgage-figured-in-the-back-end-ratio-for-a-primary-home-refi/461943/ I am a 50 percent owner, my share of the taxable schedule e income is about 8k per year. The company that im am trying to refi with says they must use the full mortgage payment even tho i am a 50 percent owner...if they do that, shouldnt they use the full income . This is making my back end ratio too high to qualify. This is a commercial mortgage that doesnt show up on my credit report. Any advice is appreciated.<br \><br \>2 replies Sat, 29 Sep 2012 15:40:00 GMT http://www.zillow.com/advice-thread/Is-a-scedule-e-commercial-mortgage-figured-in-the-back-end-ratio-for-a-primary-home-refi/461943/ 2012-09-29T15:40:00Z Lenders that will refinance a home with a tax lien http://www.zillow.com/advice-thread/Lenders-that-will-refinance-a-home-with-a-tax-lien/442075/ Can anyone recommend any lenders that will refinance a home (VA loan preferred) is the home has a tax lien? According to the IRS, they will allow the the lien to be subordinated to the mortgage, but after countless calls with mortgage brokers I can't find any that will be willing to do this.<br \><br \>4 replies Wed, 09 May 2012 00:57:00 GMT http://www.zillow.com/advice-thread/Lenders-that-will-refinance-a-home-with-a-tax-lien/442075/ 2012-05-09T00:57:00Z I have a 7yr IO ARM @ 4.5%. Considering going to a 3.875% 10yr IO ARM for $417K. Should we? http://www.zillow.com/advice-thread/I-have-a-7yr-IO-ARM-4-5-Considering-going-to-a-3-875-10yr-IO-ARM-for-417K-Should-we/358759/ I have a 7yr IO ARM @ 4.5%. Considering going to a 3.875% 10yr IO ARM for $417K in CA. It will cost 1pt and fees around $2500.&nbsp; So I figure $7K total costs.&nbsp; From current payment it will take 28 months&nbsp; to recoup costs.&nbsp; Does this make sense to do?&nbsp; I am thinking yes since it gets me the extra 3 years locked in at the lower rate.&nbsp; Opinions please.<br \><br \>17 replies Wed, 21 Jul 2010 07:15:00 GMT http://www.zillow.com/advice-thread/I-have-a-7yr-IO-ARM-4-5-Considering-going-to-a-3-875-10yr-IO-ARM-for-417K-Should-we/358759/ 2010-07-21T07:15:00Z Who can give me a loan at 4.25% or less with no points? Is it possible? http://www.zillow.com/advice-thread/Who-can-give-me-a-loan-at-4-25-or-less-with-no-points-Is-it-possible/357191/ HI All,<br/><br/>&nbsp;&nbsp;&nbsp;&nbsp; I am trying to get my payments lowered by about $100.&nbsp; <br/><br/>My house is worth $350000<br/>I owe $200500<br/>Credit score is 790<br/>My current P+I = $1084.88<br/>Current Interest Rate = 4.875%<br/><br/>My goal is to lower my payment.&nbsp; Anybody have a loan that'll work for me?<br/><br/>Thanks!<br/>Dave<br \><br \>9 replies Fri, 09 Jul 2010 21:11:00 GMT http://www.zillow.com/advice-thread/Who-can-give-me-a-loan-at-4-25-or-less-with-no-points-Is-it-possible/357191/ 2010-07-09T21:11:00Z My Modification request was denied... now what? http://www.zillow.com/advice-thread/My-Modification-request-was-denied-now-what/294001/ I technically fit under the "Home Affordable Modification" guidelines. However, I went through the modification process with my <a href="http://www.zillow.com/directory/lenders/">lender</a> and my request was denied. Unfortunately, my <a href="http://www.zillow.com/mortgage/">loan</a> is not owned by Freddie or Fannie, so I cannot do the home affordable refinancing....&nbsp; what are my next options?<br \><br \>8 replies Tue, 03 Nov 2009 16:28:00 GMT http://www.zillow.com/advice-thread/My-Modification-request-was-denied-now-what/294001/ 2009-11-03T16:28:00Z INVESTMENT HARP REFI - WELLS FARGO http://www.zillow.com/advice-thread/INVESTMENT-HARP-REFI-WELLS-FARGO/292822/ Tried to do a HARP refi through Wells Fargo for an investment property.&nbsp; They gave me a <a href="http://www.zillow.com/mortgage-glossary/Good-Faith-Estimate-%28GFE%29/">good faith estimate</a> and I proceeded to send in all of my documentation.&nbsp; 2 weeks into it, they said they could not do the <a href="http://www.zillow.com/mortgage/">loan</a> because I lived in it before it became an investment property.&nbsp; They then said I could do a conventional loan if I gave them $21,000.&nbsp; I said 'no thanks'<br/>The LTV is 81.5%.&nbsp; Credit is excellent.&nbsp; I did not buy another home.&nbsp; (Live w/bf) No debt.&nbsp; What are my options? I currently have an arm at 5.5 that resets in 2010.<br/><br \><br \>8 replies Fri, 30 Oct 2009 15:56:00 GMT http://www.zillow.com/advice-thread/INVESTMENT-HARP-REFI-WELLS-FARGO/292822/ 2009-10-30T15:56:00Z Obama has provided Fannie Mae & Freddie Mac funds to refi up to 105% ltv. How do I find a broker??? http://www.zillow.com/advice-thread/Obama-has-provided-Fannie-Mae-Freddie-Mac-funds-to-refi-up-to-105-ltv-How-do-I-find-a-broker/203766/ I have 800 credit, 36% dti and 100% ltv (maybe a little less). Is there a <a href="http://www.zillow.com/directory/lenders/">mortgage broker</a> out there that can submit my <a href="http://www.zillow.com/mortgage/">loan</a> to <a href="http://www.zillow.com/mortgage-glossary/Fannie-Mae/">Fannie Mae</a> or Freddie Mac under the new program? I want to consolodate my 1st&amp;2nd and lower my rate. Current 1st is 30 yr fixed @ 5.75% and 2nd is HELOC.<br \><br \>6 replies Wed, 25 Feb 2009 17:24:00 GMT http://www.zillow.com/advice-thread/Obama-has-provided-Fannie-Mae-Freddie-Mac-funds-to-refi-up-to-105-ltv-How-do-I-find-a-broker/203766/ 2009-02-25T17:24:00Z My loan to value of home is 145% what options do I have ~ My 5/1 ARM adjust 9/30/1011 http://www.zillow.com/advice-thread/My-loan-to-value-of-home-is-145-what-options-do-I-have-My-5-1-ARM-adjust-9-30-1011/284310/ the year is 2011 not 1011<br \><br \>3 replies Thu, 01 Oct 2009 17:43:00 GMT http://www.zillow.com/advice-thread/My-loan-to-value-of-home-is-145-what-options-do-I-have-My-5-1-ARM-adjust-9-30-1011/284310/ 2009-10-01T17:43:00Z Where's my bailout? http://www.zillow.com/advice-thread/Where%27s-my-bailout/197086/ I have a 1st <a href="http://www.zillow.com/mortgage/">mortgage</a> at 5.25% and a fixed second at around 5.5%. Like a lot of people in this country, I could use some relief. I'd like both <a href="http://www.zillow.com/directory/lenders/">lenders</a> to modify my <a href="http://www.zillow.com/mortgage/">loans</a> to 4%. I'm not upside down, and not late on any payments. But what the heck, I pay taxes too, and don't understand why I&nbsp;should keep paying the loans I signed up for when lots of other folks are getting off the hook. Unless of course you argue that as an adult of legal age I signed contracts agreeing to repay those loans under the terms provided. And of course nothing in those contracts stipulated a reduced principle if the value of my house declined.<br/>Before anybody jumps down my throat for this post, let me state this: I feel terrible for anyone that has lost their job, or is losing their house because of poor decisions made based on assumptions that didn't pan out. But at some point, you need to take responsibility for your actions. <br/>Taxpayers will be on the hook for years wiping up the mess caused by greedy lenders (Thank you WaMu, Countrywide, Lehman, Bear Sterns et al) and for borrowers who drank the kool-aide<em>..."sure you can borrow a million bucks for only $500 a month...temporarily"</em>. Maybe Uncle Sam will understand if I just withhold my Federal tax obligation this year...save him the trouble of writing me a check.<br \><br \>7 replies Sun, 08 Feb 2009 16:38:00 GMT http://www.zillow.com/advice-thread/Where%27s-my-bailout/197086/ 2009-02-08T16:38:00Z Considering loan modification? http://www.zillow.com/advice-thread/Considering-loan-modification/197035/ I have a Option ARM (MTA+2.35% margin)&nbsp;1st at $500K and a HELOC&nbsp;(Prime - 1%) at $50K.&nbsp; Right now my rates are great but I am upside down by now&nbsp;$50K and dropping more every month.&nbsp; I am considering asking&nbsp;both my <a href="http://www.zillow.com/directory/lenders/">lenders</a> for a <a href="http://www.zillow.com/mortgage/">loan</a> modification.&nbsp; But I wonder if I am asking too early since values keep dropping. Can anyone&nbsp;provide any guidance?&nbsp;<br \><br \>7 replies Sun, 08 Feb 2009 09:22:00 GMT http://www.zillow.com/advice-thread/Considering-loan-modification/197035/ 2009-02-08T09:22:00Z