mcoopd1 asked:


have spent 3-4 week trying to refinance my mortgage loan & each time the loan officer I’m working with promises me that he is the person that can get my loan done…but it really comes down to the underwriter decision. Why can I just work with an underwriter instead of a loan officer? It will say sooo much time!

Alma

Mark B asked:


I am a 30 years of fixed (6.38%) but now I want to take advantage of the rates m? S low. My mortgage is? with SunTrust and (unfortunately) I have never been late with payments and is not in any se? to financial distress. The biggest problem is? Is due to the current market, I should m? That s what? ok. ? Est? This may not bring any money to the table to close?

Kimberly

Homeonwer in California asked:


I have mortgage with Wells Fargo fix 5 years, its only my 2nd year,can I still ask them to refinance w/no fee?

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aj asked:


Is it possible for me to refinance my mortgage to purchase land for my son who would like to self-build a home for him (and his family) to live in.

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Harmony asked:


With prime rate continually decreasing would it be wise to refinance my mortgage. Just bought the house in July and my rate is decent, but over time a decrease would help.

Does it affect property taxes? Will I pay closing cost? Lower monthly payment?

What would be pros vs cons?
Thanks! I’m with Countrywide and they sent me to a mortgage broker (?) she said that to have no closing cost or points the rate wouldn’t be the lowest b/c they have to pay for title work etc. I hve no prepayment penalty either.

Nancy

MikeyJ asked:


I have heard that mortgage rates are really low right now. Does that mean that it would be a good idea to refinance my mortgage in order to get a lower rate? How do I do the math to figure out if it would be worth it or not? Are there any hidden costs or fees in a refinance?

Reginald

MH asked:


For example, I take both loans and refinance them together as 1 loan with a 30 year loan?

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