scmc asked:


Im trying to decided if it would be wise to refinance now or wait.

Christine

heh asked:


I have a $92,000 home loan at a fixed rate of 6.75 for 30 years. Right now my payment is $600 per month. This does not include my PMI payment of $46.25 a month.
I plan on making this same payment after refinancing, but applying the excess to the principal. Would this be beneficial to me if I am going to sell the house in 2 years? Should I let it be? Should I get a loan for a shorter amount of time?

Daniel

siejas33 asked:


We’re refinancing the 1st on our house and having an appraisal done. What happens during this process? Should I do something to prepare for it?

Carl

Whittaker asked:


With the inquiries. I have like 4-5 tops from the last 8 years and since the credit industry is getting increasingly anal about its policies, is there any way I could do these things in the same period of time?

Allan

ounlopez asked:


I filled out an application with Countrywide. They approved it, but I need an appraisal. They say it will take 45-60 days. This seems like a long time. Has anybody else done this recently? How long did it take?
Well, Countrywide was able to do everything on the phone instantaneously except the appraisal. Their fast track program meant they didn’t have to verify my income, which worked well for me. Being a current customer also gave me a better interest rate (4.7%). They say they have already requested the appraisal, and that an appraiser will contact me within 4 days. Knowing all this, I was surprised they said it would take 45-60 days to complete the entire loan process.

Alma

alecreations asked:


I have about 40 % positive home equity , no late payments , but I only have been owning the house for a couple months. My house is in California and I have a fair to good credit with too many inquiries in the last 6 months.

Edgar

Mr. Christopher asked:


Lets say in a 3 year period? I know I have enough equity in the home and just wondered if someone knew. Thanks!
The main reason for my question is I refinanced last year. My mortgage was then purchased by another lender and the new lender is THE WORST in service. I want to get away from them but was not sure how. I could not stop my loan from being bot/sold but wish I could have.

Charlie

dizzy22 asked:


I’ve been making on time payments for a year could i refinance is it worth it? could i give the car back? what the best way to refinance?

Micheal

Claudio F asked:


I want to refinance my ARM to a fixed rate mortgage, what are the steps to take?
I have $67,934 mortgage+ $22,000 home equity loan=$89,934.
I want to pay it off in 15-22 years.
My credit score is 707.
The house is worth only $75k now.
We want to stay in the house for at least 5 more years.
Where do I find a good deal?

Alvin

Heather A asked:


I have not yet bought a home but I am curious what effects refinancing. Is it based on how much equity you have built?

Glenn