On March 6, 2012, the President and the Federal Housing Administration (FHA) announced price cuts to FHA's Streamline Refinance Program. The cuts will be available beginning June 11, 2012. To qualify, you must be current on your existing FHA-insured mortgage, ...
If your transaction changed from a 15-year mortgage loan to a 30-year mortgage loan, you should have received new disclosures informing you of the change. If you did not receive accurate disclosures about your loan and your lender or broker ...
Taking out a HELOC can affect your ability to refinance. Once you take out a HELOC, you may have to get approval from your HELOC lender in order to refinance your first mortgage loan. HELOC lenders can refuse to allow ...
A U.S. Department of Housing and Urban Development (HUD)-approved housing counselor may be able to help you by discussing your options. Some options might be to: Refinance Get a loan modification Work out a repayment plan Get forbearance Short-sell your ...
If the value of your home has fallen, the federal government’s Home Affordable Refinance Program (HARP) or the FHA Short Refinance Program may provide you with additional refinancing options. Call the CFPB at 1-855-411-CFPB (2372) to be connected to a ...
You may be able to refinance your mortgage loan or get a loan modification. Both of these options result in you having different loan terms and may involve additional fees. This could change the amount you pay each month or ...