Refinancing Advice - Nuts and Bolts

Home Affordable Modification  Hi, Kate Ford here with Home Affordable Modification news. In many cities across the United States, the real estate market has suffered for several years....

Mortgage Refinancing Questions  Regarding debt consolidation and mortgage refinancing questions: Dear Kate, I have a $217,000 mortgage balance at 4.89 percent until 2012. Years left ...

Alternative Mortgage Financing  I have an alternative mortgage financing question. My wife's family are interested in having me borrow from their Mom's funds (her house just sold) to ...

Refinancing And Mortgage Interest Rate Lock Deposit  Ask Kate: Refinancing and mortgage interest rate lock deposit
I'm in the process of refinancing my mortgage. I paid $3800 deposit to lock in the interest ...

Mortgage Refinance And Rates  My husband and I need a mortgage refinance for rates that are lower than the 7.75% conventional mortgage we have now. We also hope to lower our PMI (private ...

Save Money Refinancing  How We Saved $9,000 Refinancing Without Really Trying ... We refinanced our home several years ago. We had a 30 year fixed loan and we refinanced to make ...

Confused In Need of Refinancing Advice  I am a forty eight year old female who owns her own home. I have a Home Equity Line Of Credit with a major mortgage lender. I was married for twenty five ...

Refinancing Benefits  Through the years and two different homes, I have refinanced three times. It is rather stressful, but not nearly as difficult to deal with as the original ...

Request Refinancing Advice For Financial Trouble  Like a lot of American Families ours is in financial trouble. Savings are nill. My wife has several credit card debts with outstanding judgments. Every ...

Are You Ready To Refinance  Here are easy steps to determine if you are ready for refinancing. As anyone who's read the paper or watched television in the last few months knows, the ...

To Do Or Not To Do The Ultimate Refinance Question  The economy is failing, your dollar doesn't stretch as far and things are maybe beyond reason. Something that may be in your mind is it worth it to refinance ...

Refinancing Advice For Financial Crisis  Refinancing advice for the material sale that is kept in banks. I wanted some cash for meeting out some medical expenses which was obtained from the bank ...

Refinance Decision Require Savings  My parents were trying to refinance their home. The mortgage company that they were working with told them in order to do the refinance that they needed ...

Well I was gonna refinance  I used to think refinancing was great, when the economy was up and nobody was in fear of losing their jobs. At this point in time, I believe refinancing ...

My Refinancing Advice  My husband and I have refinanced in the past. Once we refinanced and added some existing debt into the mortgage which lowered our payments by a few hundred ...

HARP Mortgage Refinance  Hi Kate, Regarding the HARP mortgage refinance (Home Affordable Refinance Program) how do the mortgage interest rates differ from conventional loan rates?...

Cash Out Mortgage Refinancing  Regarding cash out mortgage refinancing -- Kate, I recently applied for a mortgage and provided all requested financial information. My loan to value ...

Refinancing Interest Only Mortgage  Hi Kate, My husband and I are interested in refinancing an interest only mortgage. We currently own a home with an interest only type loan. We are considering ...

How To Calculate Debt To Income Ratio  Ask Kate: How To Calculate My Debt To Income Ratio - Kate, Can I get a better interest rate? We have owned our home seven years. We have a 30 yr fixed ...

Best Mortgage Deals  Ask Kate: Best Mortgage Deals - How do you know if $7600 yield spread premium is too much to pay? Hi Kate, I'm about to close a refinance on my home....

Cash Out Mortgage Refinancing  Cash Out Mortgage Refinancing - How soon can a homeowner refinance after buying a house? Hi Kate, I purchased a home (paid cash) two months ago that ...

Home Affordable Modification Program  Ask Kate: Home Affordable Modification Program - Can I combine my first and second mortgage using the Making Home Affordable Program? I have a Fannie ...

Reverse Mortgage Specialist  Kate , I enjoyed your page on Reverse Mortgages but there is a typo: " Let's face it. You've wait (ed) longer to retire than your parents. Isn't it time ...

Making Home Affordable Program  Ask Kate: Making Home Affordable Program - Can I choose my own lender and get a competitive rate for my refinance?
Dear Kate, Is is true I can do a ...

HARP Refi  Ask Kate: HARP Refi - Does HARP not allow adding a new spouse to a title during the refinance process?
Kate, My husband and I are refinancing under ...

What Is Home Equity  Ask Kate: What Is Home Equity? Can I use it to consolidate debts?
Dear Kate, Can you tell me how to calculate the value of my property? I want to know ...

Mortgage Coborrowers  Ask Kate: Can mortgage coborrowers force homeowners to refinance or sell a house?
I bought my house with a co-signer who now wants off the mortgage....

Mortgage Refinancing  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 ...

Refinance Confusion  Ask Kate: Refinance Confusion - I had no intention to increase my mortgage balance by $11,000!
Hi Kate, I currently have a $158,500 mortgage balance ...

Harp Closing Costs and Interest Rate  Ask Kate: Who determines HARP closing costs and interest rate?
Hello Kate, We are getting ready to refinance and are waiting on the GFE (good faith ...

Refinancing My Mortgage  Ask Kate: Refinancing My Mortgage - I want to lock mortgage rates at more than one bank. Now what?
Hi Kate, I came across your website while googling ...

Making Home Affordable  Ask Kate: Making Home Affordable Refinance Program - Can I refinance my second home using HARP?
Hi Kate. I am trying to refinance through the lender ...

Mortgage Co-Borrower  Ask Kate: Mortgage Co-Borrower - How do I add my wife to my mortgage?
Hi Kate, I bought my house when I was single. I am now married with a son and ...

Mortgage Refinancing Questions  Ask Kate: Mortgage Refinancing Questions - The bank won't give us back our money.
Hi Kate, My husband and I refinanced in April of 2009 with a regional ...

No Cost Mortgage Refinancing  Ask Kate: No Cost Mortgage Refinancing
My mortgage lender has offered me a significantly lower interest rate on a 30 year fixed rate mortgage. They ...

Refinancing Or A Second Mortgage  Ask Kate: Refinancing or a second mortgage
We would like to pull equity out of our home to consolidate our high interest credit cards. Should we refinance ...

Cost of Refinancing  Ask Kate: Cost of Refinancing
I am looking to refinance a home loan - currently I owe $96,500 on a house valued at $140,000 to $150,000 in Asheville,...

Mortgage Refinancing Advice  Ask Kate: Mortgage Refinancing Advice
Dear Kate, My now ex-girlfriend and I purchased a property a year and a half ago. Since the break up 5 months ...

Refinancing Process Dragging On  Ask Kate: Refinancing process dragging on and on...
Hi Kate, I originally held a 10 year interest-only loan with a nationwide mortgage company. When ...

VA Mortgage Loan  Ask Kate: VA Mortgage Loan
Hey Kate, I just refinanced my VA mortgage loan down from 6 percent to 5 percent and paid about $5,000 in closing costs. My ...

Private Mortgage Insurance Questions 
Regarding Private Mortgage Insurance Questions :
I'm looking to refinance and was wondering which option might prove more beneficial FHA or Obama'...

Pay Off My Mortgage 
Title didn't pay off my mortgage on time so why is the lender coming after me? Hi Kate, I am hoping you can help me with a big problem. I just ...

Home Affordable Refinance Program  Regarding HARP - Home Affordable Refinance Program : Looking to take advantage of HARP, with my current situation involving a 1st position 30 year interest ...

Refinancing Advice For Active Duty Marine  Refinancing advice for active duty Marine: Hi, I am a Marine stationed in Camp Lejeune, NC with my wife Samantha. We bought our home while i was deployed ...

How To Get Rid Of PMI  How To Get Rid Of PMI: I am a veteran and I just bought a foreclosed home using a FHA Streamline Loan instead of a VA Loan. The house I bought costed ...

Refinance And Choice of Closing Attorney  Regarding refinance and choice of closing attorney: I am currently going through a refinance in Virginia. We are setting up closing and now I am being ...

HARP Refinance Made Impossible  HARP refinance made impossible: Dear Kate, I contacted my lender (Major Lender #1) who holds my first mortgage on April 8th about refinancing. I qualified ...

Home Refinancing Questions  My home refinancing questions: I refinanced my home over five years ago due to a divorce and took an interest only loan until I got my daughter through ...

Refinancing To Fixed Mortgage Rate  Regarding refinancing to a fixed rate mortgage : Kate, I have a adjustable loan at 4.5% on my house. Have been in the house for 5 years. Bought house ...

Paying Mortgage Prepayment Penalty To Refinance  Will paying a mortgage prepayment penalty to refinance be worthwhile? Hi Kate, I am 2 years into a locked in 5 year mortgage at 5.09%. Would it make ...

Home Refinancing Tips  I need home refinancing tips . I am 60 years old. My arm loan at 6.0% will end in October. I need to refinance. I have a second morgage of $20,000 to ...

Refinancing Rental Properties  Hi Kate, My husband and I need advice on refinancing rental properties . It all began when we purchased a home in 2001 with a subprime mortgage lender....

Certificate Of Occupancy Permit  Question For Ask Kate: Certificate Of Occupancy Permit
Hi Kate, I have a question about my house. Can I refinance without a certificate of occupancy ...

Refinancing My Mortgage  I am planning on refinancing my mortgage . I purchased my home for $780,000 with a mortgage loan of $350,000. My current mortgage interest rate is at ...

PMI Calculation   Ask Kate: PMI Calculation
It's PMI calculation time. I'm looking at refinancing our mortgage. We paid $385,000 for the home we just bought. We owe $363,...

Refinancing Problems After Closing  I'm not usually asked about refinancing problems after closing . But in the case of Bob and his wife, that was when their refinancing issues began. After ...

How To Compare Mortgages  Ask Kate: How To Compare Mortgages
I need help knowing how to compare mortgages. We want to refinance to reduce the interest rate and take out cash....

Refinancing Advice For Married Couple  Ask Kate: Refinancing Advice For Married Couple
I am in need of refinancing advice. My wife purchased a home and financed with an FHA mortgage loan ...

PMI Refinancing Advice  Kate, I am looking for refinancing advice concerning my 30 year fixed rate mortgage at 6.125% originated in 2007. I have not paid a significant amount ...

How Much Mortgage Can You Afford  Time out! How much mortgage can you afford? Keep in mind as you read the following letter from John, it is your mortgage and your home. Don't get ...

FHA Refinancing Advice Needed  FHA refinancing advice requested... As customers of our major mortgage lender for 15 years, we want to refinance possibly with FHA. Our goal is to access ...

Refinancing Mortgage Rate  I have a question about refinancing my mortgage rate . Should I refinance to go from 6.3% down to a 5% interest rate. It would save me about $100 per ...

Refinancing Advice Look Carefully  Kate, Hopefully someone will benefit by my refinancing advice - I'm glad $8000 of closing costs caught my attention. My guy, as I call my mortgage consultant,...

My Mortgage Rate Refinance  Mortgage Rate Refinance and why I did not wait for 5%... So I chose to refinance my home because I felt that it was the ideal thing to do because the ...

Mortgage Refinancing Advice  Kate, here is my refinancing advice - I would encourage anybody to refinance during this bleak time in our economy. I think now is an excellence time ...

Refinancing AdviceTo Pay Off House  Refinancing Advice To Pay Off House
Kate, I need refinancing advice. I was talking to a friend who used a credit card at 3.9 percent to pay off his ...

Mortgage Rate Refinance Story  My mortgage rate refinance story is about owning my house since 1996. I financed with a 30 year fixed rate mortgage. Back then my 7% mortgage rate seemed ...

15 Year Fixed Mortgage Rate Refinance  Here is a helpful experience from a fellow homeowner's mortgage rate refinance . After you read it, follow the link to our new site, www.Prime-Real-...

Interest Rates and Mortgage Rate Refinancing Advice  Here is my mortgage rate refinancing advice . Interest rates are very low at present which means cheap borrowing. This suggests that now could be a good ...

Enjoying Mortgage Rate Refinance Benefits  I needed a mortgage rate refinance . The effects of recession and trauma created in the financial industry created a tough time for most of the banks ...

Mortgage Rate Refinance No PMI  If this were your mortgage rate refinance what would you do? Lower your mortgage rate 1.5% and pay PMI or walk away from refinancing at 4.6%? Read ...

Home Mortgage Refinance Gets Appraisal Shock  We recently refinanced our home that we have lived in for 2.5 years now. There were really no surprise with the process itself. We were able to obtain ...

Ask Before Your Refinance  My friend Denise and her husband Tim are about to refinance their home. They bought it three years ago at the height of the real estate boom, with an ...

3 Important Refinance Questions  Despite the tough economy, there are plenty of opportunities available for those looking to refinance their mortgage. But there are also lots of charlatans ...

Mortgage Rates And Refinancing  Kate, I am in the process of refinancing my house. I only wish I had read your website prior to going to the bank. I would have know what questions to ...

Refinancing Advice For Low Mortgage Payments  Refinancing advice needed please. I have a high interest rate and I want to refinance to reduce my interest rate and lower my monthly payments. I am ...

Three Refinancing Questions For Friends  The three questions I would recommend my friend ask when refinancing are:
1. What are the rate and term which my payment will be based upon? Depending ...

How To Cinch A Refinance  Hi Suzy, Your refinancing advice is one of the best I have seen. The unique emphasis on keeping a mortgage broker apprised of successes makes this a Must ...

Ask Now or Pay Later Refinancing  Before refinancing your mortgage, think about questions to ask the lender. Don't be afraid--this is your home, your mortgage, and your future you are ...

Experienced Refinancing Advice  There is no voice like the voice of experience. Here is refinancing advice from an experienced homeowner... Having refinanced multiple properties ...

Refinancing Advice For Friends  Here is Tammy's refinancing advice for a friend BEFORE she makes a commitment to a mortgage lender... Before you commit to a mortgage lender, there ...

Refinancing Advice Three Questions  Refinancing Advice To Answer Three Questions Commonly Asked
Note from Ask Kate: Mike is contributing his refinancing advice consisting of three questions ...

Refinancing Advice Rate Not Most Important Factor  Gaylene's Refinancing Advice
If you are going to refinance the rate is not the MOST IMPORTANT factor. You better get a Good Faith Estimate and you ...

Refinancing Advice Protect Yourself  Refinancing Advice
So you are going to refinance your home, not a bad decision with the way today's mortgage rates are falling. However you want to ...

Need Refinancing Advice  Kate, can you offer refinancing advice to avoid mortgage foreclosure? My fiance got injured on his job. He has been out of work since July and collecting ...

Refinancing Advice Documentary Stamp Tax  Refinancing advice sought regarding documentary stamp tax owed. Kate, I refinanced about 3 years ago in Florida. Now the state of Florida is asking ...

Refinancing Advice Break Mortgage Rate Lock  Hi Kate, This post is similar to an earlier refinancing advice on mortgage rate lock. Two weeks ago we locked in a mortgage refinance rate of 5.25%. Normally ...

Refinancing Advice Ethical or Unethical  Refinancing advice regarding a mortgage rate lock from a reader... Ethical Or Unethical - What Would You Do? Depending on my relationship with my mortgage ...

Refinance Seemed Good Idea Refinancing Advice  Refinancing seemed like a good idea! Here is my refinancing advice ... When my husband and I first bought our home we had a first and a second mortgage ...

Proactive Homeowner With Refinancing Advice  Note from Kate: Here's another homeowner success story with proactive refinancing advice . Rachael writes... My husband and I purchased our home right ...

Refinancing Advice From Succesful Homeowner  Refinancing advice from a homeowner who discovered the key to refinance! It's great to hear a success story in the midst of gloom and doom. Here's how ...

Refinancing Advice For Ethics  Hi Kate, I am looking for refinancing advice . I applied for a refinance loan several days ago and locked the rate. I have also provided all the necessary ...

Refinancing Advice Needed For Mortgage Rate Lock  Here is one reader's question asking for refinancing advice regarding a mortgage rate lock. With mortgage rates dropping to a 7 week low, I imagine ...

Refinancing Advice Home Equity Loan  This refinancing advice from a financial adviser provided a homeowner with a solution to pay off her mortgage faster. Take a look and see if you can ...

Refinancing Advice During Bankruptcy  I decided to publish this story, even though on first glance I did not think it related to mortgage refinancing advice . See what you think. Scott has ...

Refinancing Advice For House Values  Needed: Refinancing advice regarding dropping house values -- Kate, If mortgage interest rates go down, I'd love to take advantage of them. I have a primary ...

Getting Ready To Refinance  Dear Kate, We are getting ready to refinance our home and first of all I just got my credit scores and am surprised. My surprise was that two of the scores ...

Seeking Refinancing Advice   I need refinancing advice because I am trying to refinance my house to get out of credit card debt and my mortgage. I didn't know it was simple interest ...

Homeowner Considers Refinancing  Kate, I refinanced my home two years ago to do much needed repair. At the time I did not have a car note. My car put me down so I had to get a car. My ...

Refinancing Advice Why Rates Change Before Closing  Refinancing advice to avoid surprises... During a refinance of my home, I called a mortgage rep and we went over credit and income and available programs....

Confused In Need of Refinancing Advice  I need refinancing advice...I always get confused with mortgage lenders who have been speaking in puzzles. I currently own a house and since interest rates ...

Mortgage Refinance with Bad Credit  Refinancing Advice Question: My husband and I financed our home at 9.35% due to credit problems. But we worked very hard to get our scores up and succeeded....

When Is It Smart To Refinance A Home Mortgage  When is it smart to refinance a home mortgage? My husband and I bought our house in December 2006 with a 6.25% 30 year fixed rate, $200,000 loan with no ...

Mortgage Refinancing Advice  Help! I need refinancing advice! Is there any way I can refinance my mortgage if my property is valued at less than I owe my present mortgage company? I ...

How To Refinance and Break Even  I need refinancing advice. My refinance was just 6 months ago into a 30 year fixed rate mortgage at 6.75%. I'm curious about the break-even point in refinancing....

Refinance Frustrations  Refinancing advice needed. I want to refinance and am annoyed by the bank's run-around. My wife and I are considering refinancing our home we bought last ...

Contact Kate To Know If Refinancing Is Worth the Cost  Great mortgage question for Refinancing Advice ! I am considering refinancing my home. Don't need the money now. Are the added costs worth it if the ...