Home refinancing

Posted on Friday, February 22nd 2008 11:58 am by menj in Offbeat

In current times, real estate prices have tanked, so that the appropriate amount of equity declined. The result is that refinancing home refinance bad credit is possible and banks require the people to take up this plan, because of not enough numbers to go around. If you refinance a home loan is simply bad. It has never been easier for a bad credit home refinance as it is now. Despite all the doom and darkness in the news, the banks are aggressively trying to squeeze people in these newly created government programs.

With just a few hours of telephone investments you should be able to make a much better deal and save a boatload of money in the meantime. To obtain a bad credit mortgage refinance is possible, but you will never know until you try. Refinance.com is a great place to get started. They have specific information about your individual country information on the FHA and VA options. So check it out today, you will not regret it.

    30 Comments

    Comments

    Here are 30 Responses.

    • Rishabh Bajpai says:

      July 16th, 2012 at 12:11 am

      If he refinances with our son, who has better credit then I do, would that mess up my sons chances of getting home financing in the future? Also would that put my son on the deed and take me off?
      Would it affect my sons ability to purchase a home even if we showed that we were making the payments?

    • jdubdoubleu7704 says:

      July 16th, 2012 at 12:55 am

      i also need to know what’s in it for me when i refinance my home mortgage.

    • Jeracoo L says:

      July 16th, 2012 at 12:55 am

      The bank said they couldn’t refinance home but would try and help me find someone who would. I thought it was a modular home but they’re say it’s a manufactured home. It’s really big. The place I bought it from went out of business. How can I find out which home it really is? I need a lower payment or may loose home. Please tell me an honest place to start.

    • Brendan O says:

      July 19th, 2012 at 11:38 pm

      My husband who is a US Navy veteran cannot find a bank or a mortgage company that is willing to refinance our home without a problem or a scam. Where else can he turn for help?

    • Milk84 says:

      July 22nd, 2012 at 12:54 pm

      The bank said they couldn’t refinance home but would try and help me find someone who would. I thought it was a modular home but they’re say it’s a manufactured home. It’s really big. The place I bought it from went out of business. How can I find out which home it really is? I need a lower payment or may loose home. Please tell me an honest place to start.

    • mmminja says:

      July 24th, 2012 at 1:17 pm

      Hi,

      I am interested in refinancing my home mortgage and getting a cash back loan. What are the drawbacks to this? Will it affect my credit?

    • Bryant B says:

      July 25th, 2012 at 6:24 pm

      I’m thinking that there is some rule that says something like “Refinancing your home makes sense only if you intend to stay in the same house at least “X” number of years and you can reduce your rate by at least “X” percentage points. Is there such a rule?

    • Zanto says:

      July 25th, 2012 at 6:35 pm

      I am planning to buy my first home and applying for a home loan and one of the lender said this to me

      ” If you take your mortgage with us and after 4 payments are made, if the rate goes down by a .25% we will refinance you at no cost”

      1) Do they really refinance at NO(zero) cost of the rates go down .25% ?

      2) Are there any other charges which are hidden which lenders charge if we refinance at a later stage when rates drop ?

    • mmminja says:

      August 2nd, 2012 at 2:24 pm

      I am interested in refinancing my home mortgage. My mortgage lender has a number of local mortgage offices as well as a national call center through which I could proceed with the refinancing.

      Is it likely that there would be a significant difference in fees, rates, etc., when using their national call center versus their local offices? Would it be wise for me to get a good faith estimate from both and then make a decision?

    • Thomas A says:

      August 6th, 2012 at 12:29 pm

      we are in the process of refinancing our home & i recently submitted my contact info online & i’m receiving calls from many of the local lenders, Can anybody let me know if there are any risks associated with the small companies instead of going with big banks like Wells fargo , BOA or WaMu ..

      Thank u in advance …

    • Sergio says:

      August 8th, 2012 at 6:05 am

      I’m thinking that there is some rule that says something like “Refinancing your home makes sense only if you intend to stay in the same house at least “X” number of years and you can reduce your rate by at least “X” percentage points. Is there such a rule?

    • Squall Leonhart says:

      August 14th, 2012 at 12:17 pm

      We are refinancing our home for a few extra thousand to do some improvements. Our bank is out of state so they are sending a lady to our house tonight to close. Will she bring our check with her and we get it tonight?

    • Jenna says:

      August 19th, 2012 at 4:32 pm

      i also need to know what’s in it for me when i refinance my home mortgage.

    • HASTHEANSWERS says:

      August 19th, 2012 at 5:42 pm

      I have owned my home for approximately 7 years now. I am interested in refinancing but am not sure how the process works. My home needs major repairs and a possible addition to it. I have heard of refinancing with cash back but have no clue as to how that works. I would also not want my current mortgage payment to go any higher…can anyone help?

    • Vultre9 says:

      September 14th, 2012 at 7:23 am

      Which is another way of asking if the Glorious Leader of North Korea just your garden variety real estate speculator?

    • BRUTE says:

      September 29th, 2012 at 7:35 am

      i have an fha loan and im doing a streamline refinance is there such a thing? and the company im doing it with is called consumer funding inc. has anyone heard of it?

    • Death Knight says:

      September 29th, 2012 at 7:37 pm

      My wife and I are seeking to get a home equity loan. We have
      been married for 16 months and she bought the house 3 years
      ago. Is there any reason why either of us should sign a quit
      claims deed in order to get refinancing for our home ?

    • opurt says:

      September 30th, 2012 at 2:37 am

      I need to know what has happended to prices in Eureka, Ca this year. In Aug are home and multi family homes (4plex, 5plex) prices declining rapidly or only slightly? Is the rental market strong or so-so? If you bought a home or multi family home in Feb 2005, is the price today the same or more or less?

    • kewlflame14 says:

      October 3rd, 2012 at 2:29 pm

      i also need to know what’s in it for me when i refinance my home mortgage.

    • mavis24 says:

      October 5th, 2012 at 8:20 am

      I think they are too high still. Especially in areas like Phoenix, Florida, California and Las Vegas where the prices where driven up. I think 2008 might be the best time to buy homes in these places. Am I wrong?

    • Mark M says:

      October 12th, 2012 at 5:18 am

      Got a flyer in the mail that had information about my FHA loan amount and home improvement loan. Just wondered if antone had any info on them.

    • Kaylla says:

      October 17th, 2012 at 4:41 am

      I’m looking to refinance my home. I want to deal with a very reputable agency/bank/mortgage company in Massachussetts. Any recommendations?

    • Jack Bauer says:

      October 20th, 2012 at 3:39 am

      I want to look 5 years and 10 years back to see what similar parcels sold for so that I can have some Idea of investment potential.

      Where can I research this?

      I know the county courthouse should have the records, but I was hoping to find an online database of sorts.

      Know of any online sources for this info?

      Would MLS have it? How can I sign up?

    • Bryan J says:

      October 29th, 2012 at 7:04 pm

      Does anyone know what historically has been the largest one year decline in home prices in Los Angeles?

    • Bryan J says:

      November 2nd, 2012 at 8:16 pm

      Just by putting my name a home mortgage will that then give me opportunity to refinance?

    • xLittle21Yaox says:

      November 5th, 2012 at 8:49 pm

      I have $70,000 of equity in my current home I need anywhere from $20,000 to $25,000 for the purchase of a second home. Should I refinance or take out an equity loan?

    • Scott W says:

      November 9th, 2012 at 11:00 am

      Where is the best place for Petroleum Geologist right now?

    • zaclo says:

      November 11th, 2012 at 11:01 am

      We’re trying to save our home(refinancing and brokers didn’t work) and have gotten nowhere with the mortgage company.They have already started foreclosure.The wacky part is the house is worth more then what we owe!

    • joevsyou says:

      November 15th, 2012 at 7:23 pm

      Or did you finance one? About 80% of the guys I know with Harleys used the cash out from a home refinance towards the purchase of their Harley. It seems like such a solid investment idea. Plus not many people have $20k + just sitting around to buy one. It could be one of the reasons Harley stock has done so well over the last 10 years.

    • Arminator says:

      November 26th, 2012 at 10:13 pm

      I am searching for the best mortgage calculators. Interest Only calculators and simple home mortgage calculators and loan calculators. I used the ones at http://www.1mortgagecalculator.net/index2.php and they seem pretty good. Just looking for comparisons.

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