Posted on: 13th Jan, 2009 12:09 pm
my mortgage company modified my loan but it is still to high at 11% . I can afford to keep my house i just need a lower interest rate because i am looking down the line .If i lose my job for what i am paying now I will right after lose my house
You need to let one of us have some basic information so that we can give you a real answer. There is no way of truly knowing until someone runs your credit report and asks you a few more questions.
hi drybaines!
welcome to forums!
if you are current on your payments right now and if you have some equity on the property, then you may try for a refinance. but again as you have mentioned that you have a poor credit and that your credit score is low, chances are low that lenders will refinance the mortgage at a lower rate.
feel free to ask if you have further queries.
sussane
welcome to forums!
if you are current on your payments right now and if you have some equity on the property, then you may try for a refinance. but again as you have mentioned that you have a poor credit and that your credit score is low, chances are low that lenders will refinance the mortgage at a lower rate.
feel free to ask if you have further queries.
sussane
