Posted on: 12th Aug, 2008 01:57 pm
refinancing with delinmquent mortgages
Hello tamscydcece,
In this present situation where the Fannie Mae, Freddie Mac and the lender guidelines have been stringent enough to let you get a conventional loan. You might want to speak to some one who could help you with an FHA loan. Provided, your mortgage lates are due to an adjustment being in to an adjustable rate mortgage.
In this present situation where the Fannie Mae, Freddie Mac and the lender guidelines have been stringent enough to let you get a conventional loan. You might want to speak to some one who could help you with an FHA loan. Provided, your mortgage lates are due to an adjustment being in to an adjustable rate mortgage.
Definatley need more information here.
How many lates have you had in the last 12 months?
How late did you go at the worst?
Did you have an ARM? If so when did it reset?
What is causing the lates?
How much do you owe on the home?
How much is it worth?
How many lates have you had in the last 12 months?
How late did you go at the worst?
Did you have an ARM? If so when did it reset?
What is causing the lates?
How much do you owe on the home?
How much is it worth?
