I recently refinanced my home to borrow money and pay off another home of mine. Unfortunately, I refinanced my home prior to when the mortgage rate were declining. I did find out that i can request for a mortgage modification to a lower rate (6.5% on a jumbo loan). Does any body have any experience [...]
Has anyone had any experience with Federal Loan Modification Company? A friend said she talked to them about re-doing her loan and is going to save a couple hundred dollars a month. I am skeptical of anyone who makes big promises. They want $1,500.00 to make the switch and told her that most people will [...]
The lock on my loan has expired and my mortgage has gone up! (obviously) I spoke to my mortgage company and they offered a Loan Modification. They told me that the rate that they come up with will remain the same for the life of the loan! Well my loan has been processed and is [...]
