i have 5/1 arm expiring in oct.10. owe 186k in primary and 26k secondary. together?
i owe 215k to my bank. my home value is between 220k to 230k. i bought it for 250k 4 years back. my question is if i’m not allowed to refinance or neither underwater to use govt. plan. what are my best options to avoid the “prime plus” after oct. 10.
can i refinance again a ARM with the primary and secondary mortgages?
how do you qualify for loan modification? my monthly payment is 1850(primary and sec(int only)) when my monthly income is 4400 after tax. and my loan is owned by fannie mae?