Posted on: 10th Jan, 2011 07:57 pm
ok so about a year and a half ago i and my husband did a streamline through fha and refinance for a lower interested rate. but the lender right away went bankrupt and we were sold twice. now with our new lender we come to find out that our loan some how was changed from fha to conventional and our lender now tells us we'll be getting a refund check due to fees we've been paying towards a fha loan that we haven't had for over a year now. can the lender do that ????????????
Hi MnM!
Welcome to forums!
Unless you refinance the mortgage from FHA to conventional, your mortgage can't be converted. You need to contact your lender and clarify this matter. Your lender will let you know how your loan got changed from FHA to conventional.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Unless you refinance the mortgage from FHA to conventional, your mortgage can't be converted. You need to contact your lender and clarify this matter. Your lender will let you know how your loan got changed from FHA to conventional.
Feel free to ask if you've further queries.
Sussane
I don't believe that can be done but, if so, it doesn't sound like a bad thing.
