Posted on: 07th Jun, 2010 05:12 pm
anyone know what company will refi Freddie Mac loan with PMI using Making Home Affordable program 125% LTV? BOA will not refi because I have PMI which is bogus :( HELP !
Hi dyric!
Welcome to forums!
Though there is a PMI on your mortgage, I don't think it will lower your chances of getting a home affordable loan modification. You will have to negotiate with the lender and try to convince him for helping you with HAMP. To know more about HAMP, check out the given page:
http://www.mortgagefit.com/problems/homeaffordable-modification.html
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Though there is a PMI on your mortgage, I don't think it will lower your chances of getting a home affordable loan modification. You will have to negotiate with the lender and try to convince him for helping you with HAMP. To know more about HAMP, check out the given page:
http://www.mortgagefit.com/problems/homeaffordable-modification.html
Feel free to ask if you've further queries.
Sussane