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Posts Tagged ‘Grandmother’

 

My grandmother is the lender for a home.We would like the borrowers to refinance or can we sell the mortgage?

Friday, June 5th, 2009
irolg asked:


Mi t? Abused? POA for his grandmother and sold their character? Curia Rationum (been a lawyer stating that the sale was legal). Mi t? To use? the grandmother as the "lender" or the company? s for a mortgage? same. The grandmother does not want to be the lender. She is 87 years of this is a note to 30 years of $ 80K for the 2% s? that 's two percent interest? s. Wanted? Bouquets know c? Mo cause borrowers to finance the new pr? Stam elsewhere, or my grandmother can sell the pr? Stam. • One of the borrowers have gone recently, we can use it to ask for funding again? HELP please!

Kelly

 

What does your credit score have to be in order to refinance?

Monday, November 17th, 2008
Refinance
Racheal B asked:


To make a long story short, My grandmother bought our house in her name because my husband and I didn’t have enough credit. The plan was that after 2 years we would refinance the house into our names (we have been making the mortgage payments). So when the house was purchased, we made the mistake of getting an adjustable rate instead of fixed, and our monthly payment has gone up $300 already. We desperately need to refinance into a fixed rate before our monthly payment goes up again in February. If we aren’t approved, we will have to sell the house. I don’t want to mess my grandma’s credit up, so selling the house would be our only other alternative. Any advice on what I should do?

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