Posted on: 28th May, 2009 10:20 am
I'm current on my mortgage; but now home is probably mortgaged almost as much as value. Credit is okay. My interest only is ending in January 2010. thank you
what you want to ask ?
I am not getting...........
I am not getting...........
be specific while asking questions please..
Sorry, are there options for me for refiancing? It seems that you need to be in default. Thank you.
the biggest issue you'll face, 21856, is that your value is approximately the same as your loan balance. with an fha mortgage, you can finance up to 96.5% of the value of the home - that might be a good alternative, assuming that you can pay the difference between your payoff figure and the loan amount at the closing.
you don't have to be delinquent, but if you're suffering with value, etc., it's a stepping stone to get modification from the lenders.
you don't have to be delinquent, but if you're suffering with value, etc., it's a stepping stone to get modification from the lenders.
