A good mortgage broker or banker would have explained to you any problems they were having with your loan. Even in today's market they should have closed it within 57 days. 60 days minus the 3 day right of rescission (spelling may be off). They can deny your loan but must send it to you in writing. Did they? Did you pay for locking your rate? Do you have something in writing that they locked the rate? Another option for the bank/broker would have to pay for an extension on your rate lock. That would have been good business. Something must have happened whereas your loan did not work for one reason or another. To many questions, I would have to ask in order to figure it out. If all was well, the only option you would have now is too switch to a 5/1 ARM to still get a very good rate. Or wait until the rate drops again. You can email or call me directly if you would like help.Regards, Bill
Many questions must be answered. Please email me or call me directly to see what I can do.Kind Regards. Bill
There is one way but it an agressive plan. You can get an FHA 15 year and not pay pmi as long as you are below 90% ltv.
Depends on other factors. Credit score over 580 is possible. FHA, however, rental and/or mortgage history needed. Reserves?