About three years ago, I refinanced my parents’ home, partially for a better interest rate, but also to get away from the practices of Bank of America.
Approximately two months ago BOA, bought-up my mortgage company, and I am once again back to the forces of evil.
Then I read this article in the LA Times;

http://www.latimes.com/business/la-fi-bank-america17-2009oct17,0,4906039.story

The “convince” fees alone have made me start shopping again.

Can someone please tell me why we would allow a company to operate like this? The government, ok, maybe, but a taxpayer financed Privet Company?

 

When I bought my house 12 years ago the seller held a second mortgage which we paid in full shortly after. I have re-financed 3 times since than the last time being 7 years ago. The title search produced a lean for that second mortgage, I went crazy trying to find them to get a letter stataing they were paid in full….finally they complied, unwillingly, (dont know why, they were just jerks)….they were in the middle of a divorce at the time also. Now I am refinancing again and they never filed with the county court clerk that they were paid and I have NO idea where they are to get in touch with them…the mortgage company will not process my re-fi and said I will never be able to sell my house with this problem…..what can i do?

 

I have 4 properties- 2 investment, 2 residential. My main home is with WaMu and has a second with Countrywide. The mortgage person told me he could get a second on one of my investment properties that he refinanced, then I could use that cash to re-fi my main home, I would be able to get out $ 12,000 and then combine the 1st and 2nd plus get lower payments on this home. This has been going on for 2months, and he just told me that he could not get the second from the rental, and that I would have to come to the closing with $ 20,000 for my main home to go through with WaMu,plus payment would be closeer to $ 2100,a month with escrows combined! I put a halt to this because it is a worse scenario than I have currently. He is stating that I should pay him $ 1000 for all his work! Do I need to pay him for his (as he stated child support)?

 

But why other people telling me to do the Ref-fi whats the deference between quick claimed deed and a ref- fi

 
 
no money down mortgage loan
byeyewash

Considering doing an 80% refi, cash out and wanting to see if my lender is eating up too much of my equity in fees. The re-fi amount is $ 116,000 (loan amount)

I have sketchy credit score, but the house I am looking at is about 160,000, and I make about 55000 per year. will i be able to get a no money down loan, or will i need a co-borrower with good credit?

 

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Nokia E75 Unlocked Smartphone / Cell Phone $249.99 shipped – Deal …

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