I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust and (unfortunately) I have never been late with payments and am not in any financial distress. The main problem is that because of the current market, I owe more than what it is worth.
Is this possible without bringing any money to the table for closing?
Posts Tagged ‘Mortgage’
Can I Refinance My Mortgage With No Closing Costs If I Owe More Than It Is Worth?
Sunday, June 28th, 2009Can I Refinance My Mortgage With No Closing Costs If I Owe More Than It Is Worth?
Saturday, June 27th, 2009I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust and (unfortunately) I have never been late with payments and am not in any financial distress. The main problem is that because of the current market, I owe more than what it is worth.
Is this possible without bringing any money to the table for closing?
Can You Refinance Your Mortgage After Living In A Condo For Only Two Years?
Saturday, June 27th, 2009I suspect my son has an ARM and has one more year to refinance before the interest rate changes. Is there normally a penalty involved if he refinances before the adjustable rates kick in?
Can You Refinance Your Mortgage After Living In A Condo For Only Two Years?
Saturday, June 27th, 2009I suspect my son has an ARM and has one more year to refinance before the interest rate changes. Is there normally a penalty involved if he refinances before the adjustable rates kick in?
Can I Refinance My Mortgage And Home Equity Line Of Credit Together?
Friday, June 26th, 2009For example, I take both loans and refinance them together as 1 loan with a 30 year loan?
Why Would Mortgage Lenders Rather Forclose On An Upside Down Mortgage Than Refinance?
Thursday, June 25th, 2009If the balance is $350,000 and the house is now worth $200,000 why foreclose instead of re-negotiate the terms of the mortgage? (eg monthly payments/ APR)
Why Do All Those Mortgage Refinance Ads Include Videos Of Women Doing Aerobics Or Tummy Crunches?
Thursday, June 25th, 2009Home values = toned abs? And I thought *I* was surreal….
How Much Does A Mortgage Broker Make Of A Deal For A Home Refinance?
Tuesday, June 23rd, 2009How much does a mortgage broker make off a refinance loan? vs How much does a bank employee doing a refinance make off a refi loan? Besides ideal credit scores, what steps can be taken to ensure getting the best possible rate?
Mortgage Help I Just Refinanced My Home And Got A Adjustable Rate Can I Still Refinance And Keep My Loan 50k?
Tuesday, June 23rd, 2009i just refinanced my home the original value was 45k and i had it paid down to 35k. when i refinanced it brought the value i need to pay back up to 51k. i have a adjustable rate now that will kick in may of 09 my percent is 12.750 i think. i pay 500 a month now for the mortgage and 720 total with all the taxes and stuff. i dont have a penalty for paying the loan of early so i want to pay it off in the next five years but with the arm my percent can go as high as 18.750. i dont want the bank to take my house from me because of the mistake i made by refinancing in the first place. so is it possible to refinance into a fixed rate and still keep the loan at 50k and still pay it of early with out any penalty. this is my first post so plz any and all help is great
Mortgage Help I Just Refinanced My Home And Got A Adjustable Rate Can I Still Refinance And Keep My Loan 50k?
Tuesday, June 23rd, 2009i just refinanced my home the original value was 45k and i had it paid down to 35k. when i refinanced it brought the value i need to pay back up to 51k. i have a adjustable rate now that will kick in may of 09 my percent is 12.750 i think. i pay 500 a month now for the mortgage and 720 total with all the taxes and stuff. i dont have a penalty for paying the loan of early so i want to pay it off in the next five years but with the arm my percent can go as high as 18.750. i dont want the bank to take my house from me because of the mistake i made by refinancing in the first place. so is it possible to refinance into a fixed rate and still keep the loan at 50k and still pay it of early with out any penalty. this is my first post so plz any and all help is great