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Company Loan Type APR Est. Pmt.

refinance for investors

Posted on: 18th Jan, 2011 05:22 pm
I just got off a website that said Obama has refi programs for us investors that are errorless in our payments but suffering with those old 6.5 7.5 and 8.5 loans. All areas have gone down in values. What can we do?
Dolores Jenkins; New Jersey
they are all either Frededie Mac and Fannie Mae loans
hi weichert,

as an investor, if you want to get a refinance, it will be better if you could contact fannie mae or freddie mac directly.

thanks
Posted on: 18th Jan, 2011 08:09 pm
thanks, but I did; spoke to a level one person; said a level two is needed as my situaiton was originally a mild form of a no doc since I am
self employed. No response and that's what is scaring the heck out of me...
Posted on: 19th Jan, 2011 06:29 am
The existing servicer of the Fannie Mae and Freddie Mac loans should be able to refinance them.

Have you spoken to the servicer?

Do you own more than four properties with mortgages on them?

(I am not sure if Weichert3 and Delores are same person)
Posted on: 19th Jan, 2011 01:19 pm
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