Zillow Advice RSS: Question-Discussion-Guide,Refinance,AZ http://www.zillow.com/advice/AZ/mortgage-refinance/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Is it possible to refinance 18 months after chapter 13 bankrupcy? http://www.zillow.com/advice-thread/Is-it-possible-to-refinance-18-months-after-chapter-13-bankrupcy/550122/ My home is valued at $198,000, and my principle balance is $198,000.&nbsp; My credit score is currently at 680.<br \><br \>5 replies Fri, 18 Jul 2014 02:16:00 GMT http://www.zillow.com/advice-thread/Is-it-possible-to-refinance-18-months-after-chapter-13-bankrupcy/550122/ 2014-07-18T02:16:00Z how long after a foreclosure to qualify for a home loan? http://www.zillow.com/advice-thread/how-long-after-a-foreclosure-to-qualify-for-a-home-loan/547079/ 9 replies Wed, 25 Jun 2014 05:15:00 GMT http://www.zillow.com/advice-thread/how-long-after-a-foreclosure-to-qualify-for-a-home-loan/547079/ 2014-06-25T05:15:00Z need to refinance OWC $40k balance, with a 2012 foreclosure. Can I qualify? http://www.zillow.com/advice-thread/need-to-refinance-OWC-40k-balance-with-a-2012-foreclosure-Can-I-qualify/547084/ 3 replies Wed, 25 Jun 2014 05:37:00 GMT http://www.zillow.com/advice-thread/need-to-refinance-OWC-40k-balance-with-a-2012-foreclosure-Can-I-qualify/547084/ 2014-06-25T05:37:00Z How accurate are Zillow's appraisals http://www.zillow.com/advice-thread/How-accurate-are-Zillow%27s-appraisals/517737/ 15 replies Sun, 03 Nov 2013 14:10:00 GMT http://www.zillow.com/advice-thread/How-accurate-are-Zillow%27s-appraisals/517737/ 2013-11-03T14:10:00Z Need to refinance underwater jumbo loan to lower monthly payment in AZ http://www.zillow.com/advice-thread/Need-to-refinance-underwater-jumbo-loan-to-lower-monthly-payment-in-AZ/541276/ Hi, Anyone know if any lender is willing to refinance jumbo loan with little or no equity? Current loan balance $464,000 - original loan was $531,000 in jan. 2007 Per Zillow estimated home value - $486,000. Current rate is 5.125% which will go up to 5.875% next year due to temporary rates reduction from loan modification. I figure that I will occupy the home for 12 more years then retire. Thanks.<br \><br \>5 replies Sat, 17 May 2014 23:32:00 GMT http://www.zillow.com/advice-thread/Need-to-refinance-underwater-jumbo-loan-to-lower-monthly-payment-in-AZ/541276/ 2014-05-17T23:32:00Z Looking for Jumbo refinancing - high LTV in Arizona http://www.zillow.com/advice-thread/Looking-for-Jumbo-refinancing-high-LTV-in-Arizona/546118/ <p>Looking to refinance jumbo loan $464,000 to reduce monthly payment. Zillow estimated property value at $529,000. Owned the loan since 2007, never missed payments, but loan was modified in 2010 to reduce interest rate for&nbsp;6 years only. Credit score 719, income $120K. Current interest rate is 5.125% which will go up to 5.875% next year. Will stay about 10 more years in the house. Any lender out there will do high ltv refinance? Thanks.</p><br \><br \>10 replies Wed, 18 Jun 2014 22:47:00 GMT http://www.zillow.com/advice-thread/Looking-for-Jumbo-refinancing-high-LTV-in-Arizona/546118/ 2014-06-18T22:47:00Z how do i refinance a home loan after a bankruptcy http://www.zillow.com/advice-thread/how-do-i-refinance-a-home-loan-after-a-bankruptcy/546442/ <p>my house was never re-affirmed after a bankruptcy 4 years ago.&nbsp; My payments don't show up on my credit report.&nbsp; My loan is through BofA and even though it benefits them to re-affirm my loan they say I can't even though other lenders swear that they can.&nbsp; Help.</p><br \><br \>4 replies Sat, 21 Jun 2014 02:23:00 GMT http://www.zillow.com/advice-thread/how-do-i-refinance-a-home-loan-after-a-bankruptcy/546442/ 2014-06-21T02:23:00Z refinance with foreclosure on record http://www.zillow.com/advice-thread/refinance-with-foreclosure-on-record/542839/ Can I refinance from FHA to conventional loan if I have a foreclosure on my record? I recently purchased a home with an FHA loan at 4% and 30 year fixed. 3 years and 6 months after foreclosure my fico is over 700 and I had no problem getting the fha loan. I want to know if I have to still wait the full 7 years after foreclosure for a conventional loan. In 12 to 24 months I would like to put more money down and try to refinance to eliminate pmi.<br \><br \>7 replies Wed, 28 May 2014 02:44:00 GMT http://www.zillow.com/advice-thread/refinance-with-foreclosure-on-record/542839/ 2014-05-28T02:44:00Z Inquiry About A High Appraisal Fee To Potential Broker - Unsure of his response... Please help :) http://www.zillow.com/advice-thread/Inquiry-About-A-High-Appraisal-Fee-To-Potential-Broker-Unsure-of-his-response-Please-help/540419/ Hello, <br/><br/>A question for mortgage professionals...<br/><br/><div>A mortgage broker had sent me a quote (for a cash-out refinance) and I questioned one of its line items.&nbsp; Specifically, a $600 appraisal fee.&nbsp; I have received $400 quotes by other brokers in this same Phx, AZ area over the past week or so.&nbsp; After asking why the fee was so much higher ($600 as opposed to $400), I received the following response and I'm not sure what to make of it...<br/><br/>Please advise and help me in my endeavor. I would sincerely appreciate it.<br/><br/><em>"A lot has changed in the mortgage industry over the last few years in order to better protect the consumer. One of the biggest changes is the appraisal process. It is not a fee we have any choice in whatsoever. All appraisals (even for major banks) must be ordered through a "neutral third party Appraisal Management Company (AMC)" provided off of the lender's website. We not only can't choose an appraiser or negotiate a price, we (and any bank or lender) is not even allowed to talk to the appraiser during the process. Yes, the $600 is high for an appraisal, but that is because all investment purchases or refinances require an additional report (called Rent Comp) which traditionally costs about $150. You will see that noted on the worksheet that that report is included."<br/><br/></em>Thanks,<br/>Cark<em><br/></em></div><br \><br \>13 replies Mon, 12 May 2014 20:12:00 GMT http://www.zillow.com/advice-thread/Inquiry-About-A-High-Appraisal-Fee-To-Potential-Broker-Unsure-of-his-response-Please-help/540419/ 2014-05-12T20:12:00Z Cash out refinance in AZ http://www.zillow.com/advice-thread/Cash-out-refinance-in-AZ/541135/ Are there any lenders that do not require a full appraisal for a cash-out refinance?<br \><br \>3 replies Sat, 17 May 2014 00:45:00 GMT http://www.zillow.com/advice-thread/Cash-out-refinance-in-AZ/541135/ 2014-05-17T00:45:00Z Quakifications for co-borrower on refinance of second home http://www.zillow.com/advice-thread/Quakifications-for-co-borrower-on-refinance-of-second-home/530620/ I am interested in refinancing a second home occupied by my son.&nbsp; He and I both have good credit ratings.&nbsp; I am retired with income primarily from Social Security, and he is employed.&nbsp; Can I add him as a co-borrower on the refinance?<br \><br \>8 replies Sun, 02 Mar 2014 22:25:00 GMT http://www.zillow.com/advice-thread/Quakifications-for-co-borrower-on-refinance-of-second-home/530620/ 2014-03-02T22:25:00Z Has anyone refinanced with Wells Fargo under the Harp 2.0? http://www.zillow.com/advice-thread/Has-anyone-refinanced-with-Wells-Fargo-under-the-Harp-2-0/459427/ Just starting the process and after reading all of the problems with Chase I am worried! I am an exiaitng customer at Wells Fargo and they are offering the online refiancing for existing customers. It clearly states No Appraisal, and No closing cost fees but when I spoke with a Mortgage Represenative with Wells Fargo she said that the cost are included in the loan?<br \><br \>15 replies Tue, 11 Sep 2012 03:11:00 GMT http://www.zillow.com/advice-thread/Has-anyone-refinanced-with-Wells-Fargo-under-the-Harp-2-0/459427/ 2012-09-11T03:11:00Z Odds of getting a low with a foreclosure on my credit http://www.zillow.com/advice-thread/Odds-of-getting-a-low-with-a-foreclosure-on-my-credit/516041/ I was hit hard with the housing crash as i had 3 rental properties. I had to short sell one and the other 2 were foreclosures. It's been 4 years, and other than that, my credit history is great, and my credit score is now back up to 684 now and climbing. Is it too early to discuss a refi on my current home? i've never missed a payment on anything except the rentals in 25 years. Should i wait or will i be able to find someone to help? If the latter, should i go with a private mortgage lender or bank? Other?&nbsp; Thanks in advance!<br \><br \>8 replies Sun, 20 Oct 2013 23:32:00 GMT http://www.zillow.com/advice-thread/Odds-of-getting-a-low-with-a-foreclosure-on-my-credit/516041/ 2013-10-20T23:32:00Z Stay conventional with no PMI or refi with PMI? http://www.zillow.com/advice-thread/Stay-conventional-with-no-PMI-or-refi-with-PMI/522952/ I am 3 yrs out of bankruptcy and I am looking to refinance my house.I don't have many options with the bankruptcy and was wondering if it would be best to wait or go ahead.&nbsp;I currently have a conventional 30 yr loan with no PMI. The loan I am currently looking at is a 5in1 arm. it will only lower my payment by $150 but now im paying PMI. Any suggestions?<br \><br \>5 replies Wed, 01 Jan 2014 04:42:00 GMT http://www.zillow.com/advice-thread/Stay-conventional-with-no-PMI-or-refi-with-PMI/522952/ 2014-01-01T04:42:00Z find a lender who will combine 1st and 2nd mortgage http://www.zillow.com/advice-thread/find-a-lender-who-will-combine-1st-and-2nd-mortgage/514287/ my 2nd mortgage interest rate is crazy haven't been able to find anyone who will help me it nothing can be done will have to sell the house or do short sale<br \><br \>6 replies Sat, 05 Oct 2013 23:29:00 GMT http://www.zillow.com/advice-thread/find-a-lender-who-will-combine-1st-and-2nd-mortgage/514287/ 2013-10-05T23:29:00Z Hi, Under the Harp 2.0 Save Our Home AZ Program we have received a funding reservation from the Ari http://www.zillow.com/advice-thread/Hi-Under-the-Harp-2-0-Save-Our-Home-AZ-Program-we-have-received-a-funding-reservation-from-the-Ari/488039/ 1 reply Mon, 15 Apr 2013 18:03:00 GMT http://www.zillow.com/advice-thread/Hi-Under-the-Harp-2-0-Save-Our-Home-AZ-Program-we-have-received-a-funding-reservation-from-the-Ari/488039/ 2013-04-15T18:03:00Z Is there a limit on the number of houses that one can own, and still be eligible for Harp? http://www.zillow.com/advice-thread/Is-there-a-limit-on-the-number-of-houses-that-one-can-own-and-still-be-eligible-for-Harp/516705/ I know of someone who has 32 rentals? Could one of his rentals be eligible for the Harp program?<br \><br \>2 replies Fri, 25 Oct 2013 21:12:00 GMT http://www.zillow.com/advice-thread/Is-there-a-limit-on-the-number-of-houses-that-one-can-own-and-still-be-eligible-for-Harp/516705/ 2013-10-25T21:12:00Z Why won't some smart banker or mortgage co go ahead and do HARP 3.0? Congress is useless. Merkley i http://www.zillow.com/advice-thread/Why-won%27t-some-smart-banker-or-mortgage-co-go-ahead-and-do-HARP-3-0-Congress-is-useless-Merkley-i/516446/ 7 replies Wed, 23 Oct 2013 22:13:00 GMT http://www.zillow.com/advice-thread/Why-won%27t-some-smart-banker-or-mortgage-co-go-ahead-and-do-HARP-3-0-Congress-is-useless-Merkley-i/516446/ 2013-10-23T22:13:00Z I just purchased a home through the home in five program. How soon can I refinance my loan to a conv http://www.zillow.com/advice-thread/I-just-purchased-a-home-through-the-home-in-five-program-How-soon-can-I-refinance-my-loan-to-a-conv/515962/ 2 replies Sun, 20 Oct 2013 08:35:00 GMT http://www.zillow.com/advice-thread/I-just-purchased-a-home-through-the-home-in-five-program-How-soon-can-I-refinance-my-loan-to-a-conv/515962/ 2013-10-20T08:35:00Z Can I get principal reduction under HAMP? http://www.zillow.com/advice-thread/Can-I-get-principal-reduction-under-HAMP/498934/ I get a mtg. write down of principal if I applied for a modification 4 times in 2010, '11 and '12 under HARP 2 or is it possible under HAMP? I was last turned down by Chase in Dec. 2012. House is now rented to my daughter for 4 Mo. repainted ,repaired, and it has a loan to value of Approx. 130%. Excellent Credit, never late pmts. Loan originated 9/28/2007<br \><br \>5 replies Tue, 25 Jun 2013 18:28:00 GMT http://www.zillow.com/advice-thread/Can-I-get-principal-reduction-under-HAMP/498934/ 2013-06-25T18:28:00Z