What is a good company can refinance my home mortgage? Details inside.?

Deal Score0

I bought the house last year in Tx. The price is quite high at 10%. The cost of the house was $ 125,000 and I pay $ 1200 per month (excluding insurance and other costs) the sum of $ 1425.00 more. I would like to reduce as much as possible, but my credit card is less than perfect. Are there that mortgage companies to refinance my house at less than 30 years fixed loan? Thank you in advance, which is very important to me, so if you know what to say. It could get to the point where the difference between my apartment or not wird.Meine total acquisition cost was 2300 Dollar.Wo I would find a good mortgage broker?

  1. Reply
    May 1, 2011 at 11:48 pm

    Just start talking to people. Call your bank and see what they have. Call the company that set up your mortgage originally. Call you real estate agent and see if they have any referals for you.

  2. Reply
    G. B
    May 1, 2011 at 11:56 pm

    Try Country Wide Mortgage. There a decent enough lender…..competitive rates, terms, etc. There are many others as well. I’d “google up” some online published rates, and if you find something appealing, look into it further.

    Note that a FICO score under 680 is gonna “pinch you” a bit on the interest rate. And..we can’t overlook the fact that the numerous defaults in the sub-prime market have put a number of lenders in trouble as of late.

    Stay away from an A.R.M if you can……..look at FHA possibilities too. A veteran perhaps? Check out GI loans.
    If you’re credit is decent (not perfect) and you’ve been “spot on” with your current loan with regard to paying on time, you should be able to beat 10%.

    The very best of luck !!

  3. Reply
    May 2, 2011 at 12:40 am

    10% is VERY high. When you get what you think is your best offer, use a price matching service such as Mortgage Zapper. They work with direct lenders in all 50 state and do not charge broker fees.

    Also, there is a different in “less than perfect” credit and “horrible” credit, so be up front with whomever you talk to. Your credit report will let them know if you are telling the truth or not and if you don’t, you will most likely be turned down right there and then.

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