by Gregory from Hoschton, Georgia USA
Ask Kate: Problems with HARP and Mortgage Refinancing Hello Kate, I am trying to refinance and really have no clue to what I am doing. I went through a divorce and was left with the home so I refinanced it four years ago at 6.375%.
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Because I did not qualify for the loan with the debt to income ratios, they gave me the loan based on my credit score.
Well I have been really struggling to stay current on all my bills. I have tried to refi with the Making Home Affordable plan but my mortgage company went bankrupt. Now my loan is transferred to another major lender and they do not offer this type of loan.
All this mortgage refinancing makes no sense to me. I have tried to understand it on the government website. I contacted another major loan company famous for being involved in the Home Affordable Refinance Program (HARP) but they are not being very helpful.
So where should I turn and what would be a good step in trying to refinance? Thanks so much for your time. Have a blessed day, Gregory
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