If someone can refinance with legal basement but illegal bath tub and a wall or do i need to remove violation first.Thanks and appreciate your answer.
I need to refinance two family first loan 467k and 2nd loan settled for Less and closed and I am willing to put 20% but i was working with one of the bank to refinance and they lock in the rate to refinance and processing my application.I had 7 late payments on my credit history and settled 2nd loan for less and waited for one year without late payments .Now Bank is telling me Fannie Mae would not refinance as paying less than what i owned is same as short sale.If anyone can help me with refinance? i would greatly appreciate a professional approach.
If someone can help me cost involve in refinance? I live in New York city and i am trying to refinance 2 family house with 15 years term.Thanks and Appreciate
Quick Overview:I need to refinance house,I missed almost 7 payments last year because of cut in income and tried modifying loan but lender was not interested to modify and my lawyer told me to hold on to pay them until loan modification but that didn't help.But luckily 2nd loan was settled in 10k. Then last year in December i found a great high paying job and made payment of 7 missed payments and It has been almost a year i am current,If someone can help me if i can refinance current loan. Loan amount is 467k and i am willing to put down 80-100k.Thanks and i would appreciate a professional input.