Q: Can I refinance my home with bad credit? I have some blemishes on my credit report. A: To refinance your home with bad credit, you’ll have to jump through more hoops to get a mortgage and you won’t get a rock-bottom interest rate, but it can be done. If your credit is poor, here are 2 […]
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Q: We have a 5% loan and we owe a little over $132,000 left on it. It was appraised at $168,000 in June 2010. We are now looking at refinancing it at 4.25%, and it was appraised at $148,000 dollars. Since the appraisal was low, we will have to take out PMI but it is
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A bank won’t let a woman refinance her house without her husbands signature. The problem is that the woman and her husband separated after being married for just one year, and the current mortgage is in her name only. What should she do? Click to hear Lynnette’s advice.
I Can’t Refinance My House Without My Husband’s Signature. What Should I Do? Read More »
Q: I am a U.S. Army veteran having trouble refinancing a home I purchased over 3 years ago. I want to lower my rate and monthly payment. I have a fixed 30-year loan at 6%. I bought it for $132,000 and now owe $125,000. The property has fallen in value. I don’t wish to move
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Q: I have an arm at 6.5% that adjusts in august. My credit score is 610. Can I refinance into a fixed rate loan with my score or should I consider another arm? A: As of January 2010, fixed-rated mortgages dropped to about 5%, a very attractive rate for homeowners thinking about refinancing. However, those
My Credit Score is 610. Can I Refinance into a Fixed Rate Loan with My Score? Read More »
