Comments on: How can I get a $3000 loan to make a late mortgage payment current, right before the refinancing? http://www.refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing Refinance Information and Deals Sun, 01 Aug 2010 01:36:10 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Justin http://www.refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/comment-page-1#comment-1557 Justin Sun, 09 Aug 2009 03:08:51 +0000 http://refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/#comment-1557 <a href="">Arthur</a> The correct answer would be to deny the loan. As a mortgage originator, why would you risk the chance of putting your borrower right back into the same situation? Why are they behind? When the underwriter get's an updated VOM it will kill the deal anyways. It's called a "bail-out" situation. Do you need the loan that bad? Enough to put your company and your borrower into such a risky position? Arthur

The correct answer would be to deny the loan. As a mortgage originator, why would you risk the chance of putting your borrower right back into the same situation? Why are they behind? When the underwriter get’s an updated VOM it will kill the deal anyways. It’s called a “bail-out” situation. Do you need the loan that bad? Enough to put your company and your borrower into such a risky position?

]]> By: bianca http://www.refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/comment-page-1#comment-1556 bianca Fri, 07 Aug 2009 21:36:30 +0000 http://refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/#comment-1556 <a href="">Carol</a> pay by his credit card or ask him to borrow money from his friends. Carol

pay by his credit card or ask him to borrow money from his friends.

]]> By: babyred http://www.refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/comment-page-1#comment-1555 babyred Tue, 04 Aug 2009 22:44:16 +0000 http://refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/#comment-1555 <a href="">Nellie</a> We use Citifinancial for this type of think a lot. Or once in a while a small local bank that will take various things as collateral. Good luck, that's a tough one. Nellie

We use Citifinancial for this type of think a lot. Or once in a while a small local bank that will take various things as collateral. Good luck, that’s a tough one.

]]> By: asajous http://www.refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/comment-page-1#comment-1554 asajous Sun, 02 Aug 2009 14:16:09 +0000 http://refinance--blog.com/refinance/how-can-i-get-a-3000-loan-to-make-a-late-mortgage-payment-current-right-before-the-refinancing/#comment-1554 <a href="">Rhonda</a> Find a Hard Money Lender to borrow it and place it as a payoff for the refi through the attorney, HURRY! Rhonda

Find a Hard Money Lender to borrow it and place it as a payoff for the refi through the attorney, HURRY!

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