My mortgage is a 5/1 arm which expired & I want to go back to 30yr, but my home value is lower than my mortgag?

Deal Score0

I was planning to sell the house when I first got into the 5/1 arm but home prices went down, I was stuck. the 5 year is up and rates went up. I lost my job and can’t make the higher payments, I talk with the loan company and they say my dept is to high and the home value is too low for refinancing. What am I to do?

  1. Reply
    May 3, 2011 at 3:20 am

    Wait. You are one of the people the bailout may be desigend to help.

    Check the HUD page from time to time as things shake out

  2. Reply
    the d
    May 3, 2011 at 3:32 am


    or MAYBE obama will help you.

  3. Reply
    Samson W
    May 3, 2011 at 3:51 am

    Hello Dear

    I am Mr.Lawson Hooke A certified, reputable, legitimate

    & an accredited private lender.
    I loan money out to individuals in need of financial

    Do you have a bad credit or you are in need of money

    to pay bills?
    I want to use this medium to inform you that i

    render reliable beneficiary assistance as I’ll be

    glad to offer you a loan.
    Services Rendered include:
    *Home Improvement
    *Inventor Loans
    *Auto Loans
    *Debt Consolidation
    *Line of Credit
    *Second Mortgage
    *Business Loans
    *Personal Loans
    *International Loans

    Please write back If Interested.
    Upon your response you’ll be provided the loan

    application to fill.
    No social security and no credit check required,

    100% Guaranteed.
    I Look forward permitting me be of beneficiary

    service to you.

    I shall await your response at your earliest


    Mr.Lawson Hooke (MD)
    contact me on my Email lawsonhanks@Hotmail

    Attention: I am very sorry if this information

    invaded your
    Best regards, as I await your response,
    Thanks and GOD bless.

    Leave a reply

    Register New Account
    Reset Password