Zillow Advice RSS: Question-Discussion-Guide,Refinance,RI http://www.zillow.com/advice/RI/mortgage-refinance/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate i owe 16,000 on cal vet 6.2 loan manufactere home on acre can i refince with harp/ http://www.zillow.com/advice-thread/i-owe-16-000-on-cal-vet-6-2-loan-manufactere-home-on-acre-can-i-refince-with-harp/526871/ 0 replies Sun, 02 Feb 2014 15:04:00 GMT http://www.zillow.com/advice-thread/i-owe-16-000-on-cal-vet-6-2-loan-manufactere-home-on-acre-can-i-refince-with-harp/526871/ 2014-02-02T15:04:00Z 160% ltv Freddie Mac ... any hope of a refinance under Harp 2.0? http://www.zillow.com/advice-thread/160-ltv-Freddie-Mac-any-hope-of-a-refinance-under-Harp-2-0/453032/ I am paying currently 6.5 apr on a loan that still has 257k to go. Friday, I found out the house is currently worth 162k .... not a very good start to the weekend. <br/><br/>Is there any chance of getting a refi under Harp with a ltv over 150%?<br \><br \>9 replies Sat, 28 Jul 2012 14:27:00 GMT http://www.zillow.com/advice-thread/160-ltv-Freddie-Mac-any-hope-of-a-refinance-under-Harp-2-0/453032/ 2012-07-28T14:27:00Z Does RI have a set title insurance rate for new or reissued titles? http://www.zillow.com/advice-thread/Does-RI-have-a-set-title-insurance-rate-for-new-or-reissued-titles/517872/ Hi, we are refinancing our mortgage and according to our research we've been told that we should request a reissue rate as it should be save us some money (we originally purchased the house 3 years ago). The lender's broker however told us that Rhode Island does not allow for a reduced rate in title insurance, and that it is always set at 2.50 per 1000. Is this true?<br/><br/>Thanks,<br/>John<br \><br \>2 replies Mon, 04 Nov 2013 16:33:00 GMT http://www.zillow.com/advice-thread/Does-RI-have-a-set-title-insurance-rate-for-new-or-reissued-titles/517872/ 2013-11-04T16:33:00Z Is harp changing the qualifications for the program? So for someone like me who's loan is not owned http://www.zillow.com/advice-thread/Is-harp-changing-the-qualifications-for-the-program-So-for-someone-like-me-who%27s-loan-is-not-owned/493153/ 2 replies Mon, 20 May 2013 17:51:00 GMT http://www.zillow.com/advice-thread/Is-harp-changing-the-qualifications-for-the-program-So-for-someone-like-me-who%27s-loan-is-not-owned/493153/ 2013-05-20T17:51:00Z What can I do to get more (or better) quotes for my loan request ZR-CFGWRSZ? http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-CFGWRSZ/484020/ 3 replies Thu, 21 Mar 2013 14:17:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-CFGWRSZ/484020/ 2013-03-21T14:17:00Z Apparisal came too low.Help http://www.zillow.com/advice-thread/Apparisal-came-too-low-Help/482976/ I did some renovation and wanted to refinance my house.the apparisal came back with 3 bedroom 1 bath value for 293k.<br/><br/>the issue , i took building permit to renovate the house and have added a bedroom , a living room and legalize the bath room. Now this house is a split and this is the downstairs.<br/><br/>So i have a building permit all signed stateing the house is a 4 bedroom , 2 bath with 400 sq ft of extra space ,&nbsp;but the apparisal doc states 3 bedroom , 1 bath. 1300 sqft not 1700 sq ft.<br/><br/>so i am confused<br \><br \>6 replies Thu, 14 Mar 2013 20:38:00 GMT http://www.zillow.com/advice-thread/Apparisal-came-too-low-Help/482976/ 2013-03-14T20:38:00Z How can I get an estimate vaule of my house without paying for the appraisal upfront? http://www.zillow.com/advice-thread/How-can-I-get-an-estimate-vaule-of-my-house-without-paying-for-the-appraisal-upfront/464366/ 2 replies Tue, 16 Oct 2012 18:03:00 GMT http://www.zillow.com/advice-thread/How-can-I-get-an-estimate-vaule-of-my-house-without-paying-for-the-appraisal-upfront/464366/ 2012-10-16T18:03:00Z USAA suppose to be a military bank however they are not particpating in the HARP 2.o gragram any adv http://www.zillow.com/advice-thread/USAA-suppose-to-be-a-military-bank-however-they-are-not-particpating-in-the-HARP-2-o-gragram-any-adv/460689/ 0 replies Thu, 20 Sep 2012 15:25:00 GMT http://www.zillow.com/advice-thread/USAA-suppose-to-be-a-military-bank-however-they-are-not-particpating-in-the-HARP-2-o-gragram-any-adv/460689/ 2012-09-20T15:25:00Z What can I do to get more (or better) quotes for my loan request ZR-WNRHPCZ http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-WNRHPCZ/458949/ on a harp 2.0 loan can the refinace be a 1st mortgage and a 2nd mortgage together to lower payments 1st 266500.00 and 2nd 34500.00 house value 248500.00 &gt;???<br \><br \>1 reply Fri, 07 Sep 2012 12:56:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-WNRHPCZ/458949/ 2012-09-07T12:56:00Z Can't get a HARP 2.0 ReFi because CITI mortgage sold my PMI insurance to CMC. http://www.zillow.com/advice-thread/Can%27t-get-a-HARP-2-0-ReFi-because-CITI-mortgage-sold-my-PMI-insurance-to-CMC/443695/ Any help would be great!&nbsp; I am trying to get a ReFi through the HARP 2.0 Program and was rejected bacause CITI sold my&nbsp;PMI to&nbsp;CMC, who doesn't participate in the program.&nbsp; My credit score is 790, I owe 228K on my house and it's worth 230ish.&nbsp; My current rate is 5.0% (30y) and I have been making 3xtra mortgate payment a year.&nbsp; I am looking to get into a 15y with a nice low rate but I keep running into the PMI wall!!!! thanks in advance!<br \><br \>1 reply Mon, 21 May 2012 19:45:00 GMT http://www.zillow.com/advice-thread/Can%27t-get-a-HARP-2-0-ReFi-because-CITI-mortgage-sold-my-PMI-insurance-to-CMC/443695/ 2012-05-21T19:45:00Z Refininance Muliti-family investment property ...Help! http://www.zillow.com/advice-thread/Refininance-Muliti-family-investment-property-Help/439142/ Hi I am in a strange situation. I have 800 credit. Spotless for 20 years. &nbsp;I have&nbsp;3 properties,&nbsp;the 1st&nbsp;I live in&nbsp;with a mortgage and Heloc, the second with a 160k&nbsp; 6 3/8% loan 30y w 25 left,(ouch) and the third paid off!&nbsp; Problem is, with 3 morgage payments, my smallish income like 20k , even including the rents at 80%, I come no where&nbsp;close to get to a conforming DTI. So I can't touch a conforming loan. What in gods name can I do to get some cash out of this property at a reasonable rate? If it appraises at 160k, and&nbsp;I want a 100k loan... is there a program or lender out there? I have even thought about "moving in" to one of the rentals, and go for a refi as an owner occupy...&nbsp;but still DTI is still the issue! HELP!<br/>&nbsp;<br/>My goal is to reduce the 160k 6 3/8 loan to a better rate, or refi the paid off property at a lower rate, and pay down the higher one.... I am even willing to additionally pledge the paid off property as extra security to refi the 1st one at a lower rate! <br/><br \><br \>0 replies Sun, 15 Apr 2012 21:57:00 GMT http://www.zillow.com/advice-thread/Refininance-Muliti-family-investment-property-Help/439142/ 2012-04-15T21:57:00Z HARP 2.0 with LPMI http://www.zillow.com/advice-thread/HARP-2-0-with-LPMI/436693/ <p>Hello,<br/>We bought our house in July 2008 and are now hovering between 95% to 105% LTV depending on the direction of the market. Our loan is with Chase, but has LPMI. We have been told we are perfect candidates for HARP or HARP 2.0 for a while now except for the LPMI. We were hoping the new changes rolling out last weekend (availibility of the automatic underwriting software from Fannie/Freddie) would make it easier to find an independent broker or lender willing to help us refinance. I am finding mixed responses, and very little interest in helping us. We have great credit, no missed payments, and are able to pay the current loan. How would one go about finding a lender who is willing and able to help&nbsp;refinance with the new rules in place? Thanks!</p><br \><br \>3 replies Mon, 26 Mar 2012 18:28:00 GMT http://www.zillow.com/advice-thread/HARP-2-0-with-LPMI/436693/ 2012-03-26T18:28:00Z Professional/Expert opinion needed re refinancing 30 yr FHA mortgage loan http://www.zillow.com/advice-thread/Professional-Expert-opinion-needed-re-refinancing-30-yr-FHA-mortgage-loan/434689/ I have a 30 yr FHA mortgage, refinanced about 2 yrs ago at 5%. Current home value per zillow.com and town tax assessment $250-260k, balance owed $193k. Looking to refinance to lower monthly payments and seriously considering an ARM product as we plan on selling and moving in the next 5 years. Problem is that spouse has been unemployed for almost 2 years with no prospects in the immediate future. Both of us have excellent credit scores 740+, my annual income is approx $110k. Questions: Can his unemployment income be used at all in income calculations/can I refinance alone if needed and if yes, do I become the sole borrower on the loan/does an ARM at a lower rate make sense if we plan on leaving in 5 years?&nbsp; Any help is appreciated.&nbsp; Thank you.<br \><br \>4 replies Sat, 10 Mar 2012 17:00:00 GMT http://www.zillow.com/advice-thread/Professional-Expert-opinion-needed-re-refinancing-30-yr-FHA-mortgage-loan/434689/ 2012-03-10T17:00:00Z What should I do? http://www.zillow.com/advice-thread/What-should-I-do/418293/ What should I do? Bought studio condo for 85k 5.75% no PMI in 2007&nbsp;- currently owe 70k, tax assesment at 68k, credit score of 804. Bank America is the lender and cant seem to offer me much, no hardship, doing OK but very little cash on hand. Willing to consider 15yr.<br \><br \>9 replies Thu, 06 Oct 2011 14:28:00 GMT http://www.zillow.com/advice-thread/What-should-I-do/418293/ 2011-10-06T14:28:00Z Is any lender willing to help out someone who is in an underwater mortgage? http://www.zillow.com/advice-thread/Is-any-lender-willing-to-help-out-someone-who-is-in-an-underwater-mortgage/410584/ Seriously!!! &nbsp;We love our home and want to stay in it forever. &nbsp;Why can't any banks help out someone who is in negative equity? &nbsp;I've never been late on a payment and never will be. &nbsp;In a 5\25 arm now, rate will be adjusting in October. &nbsp;<br/><br/>Why can't we lock in at the current rates?<br/><br/>kporcelli@twinriver.com<br \><br \>6 replies Sat, 06 Aug 2011 17:58:00 GMT http://www.zillow.com/advice-thread/Is-any-lender-willing-to-help-out-someone-who-is-in-an-underwater-mortgage/410584/ 2011-08-06T17:58:00Z 2nd mortgagee subordination http://www.zillow.com/advice-thread/2nd-mortgagee-subordination/293862/ Hello I have been approved a 3 step refinance with Wells Fargo <a href="http://www.zillow.com/mortgage/">mortgage</a> with no clsoing or appraisal fees they are my current mortgagee. My 2nd mortgagee is requesting an appraisal for their subordination package. Please advise on what they will use this appraisal for and why they need it when this refinance essentially only lowers my <a href="http://www.zillow.com/Mortgage_Rates/">interest rate</a> and saves me the $200 that would secure that monthly payment to them . Typically do banks or GMAC deny or approve subordination requests? We have good to excellent credit no liens and have never missed a payment on either in 6 years since <a href="http://www.zillow.com/mortgage/">mortgages</a> inception Any help would be appreciated. THANK YOU<br \><br \>6 replies Tue, 03 Nov 2009 02:24:00 GMT http://www.zillow.com/advice-thread/2nd-mortgagee-subordination/293862/ 2009-11-03T02:24:00Z What can I do to get more (or better) quotes for my loan request ZR-MYBJPBG http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-MYBJPBG/359011/ Hi there -&nbsp;<br/><br/><br/>We're looking to refinance. Had originally put 80K down on this house which cost 285K... now estimated to be worth around 250K. &nbsp;We have a 223K loan right now and we seem to be locked out of refinancing - any advice? &nbsp;BTW, my spouse and I have excellent credit ratings.<br \><br \>3 replies Thu, 22 Jul 2010 20:15:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-MYBJPBG/359011/ 2010-07-22T20:15:00Z streamlining http://www.zillow.com/advice-thread/streamlining/356357/ What is streamlining?<br \><br \>1 reply Sat, 03 Jul 2010 19:53:00 GMT http://www.zillow.com/advice-thread/streamlining/356357/ 2010-07-03T19:53:00Z What can I do to get more (or better) quotes for my loan request ZR-RBNNMFW http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-RBNNMFW/344966/ we have put upgrades into the house over the last 8 years. &nbsp;what else could i do?&nbsp;<br \><br \>1 reply Sat, 17 Apr 2010 16:01:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-RBNNMFW/344966/ 2010-04-17T16:01:00Z HOW CAN ZILLOW BE OFF $67,000 ON A PROPERTY AT 511 UNION AVE ,PROVIDENCE RI 02909 http://www.zillow.com/advice-thread/HOW-CAN-ZILLOW-BE-OFF-67-000-ON-A-PROPERTY-AT-511-UNION-AVE-PROVIDENCE-RI-02909/338784/ 2 replies Mon, 29 Mar 2010 14:21:00 GMT http://www.zillow.com/advice-thread/HOW-CAN-ZILLOW-BE-OFF-67-000-ON-A-PROPERTY-AT-511-UNION-AVE-PROVIDENCE-RI-02909/338784/ 2010-03-29T14:21:00Z