Refinance Your Mortgage – Wells Fargo. Choose your refinancing goal to start learning and planning. Lower your monthly payment. Interested in reducing your monthly mortgage payment? Learn about loan options that may help you meet your goals. Learn more. Pay off your mortgage sooner. We can help you understand your options to prepay your mortgage or refinance to a shorter term loan. Learn more. Learn and plan for another refinancing goal Find the Right Loan for You Customize and compare rates, payments, and estimated closing costs. Refinance to a shorter term to raise monthly. The part of your monthly payment that goes toward property taxes charged by your local government. The Wells Fargo Home Equity Assist program was created to help home. Easy-to-read Home Affordable Refinance Program (HARP). These are the details of the government's HARP refinancing program. Click to see today's rates (Sep 11th. My mortgage is backed by Wells Fargo. The initial call to Wells Fargo went. A HARP refinancing would lower our interest rate from 5.8% to 3.9% and reduce. Wells Fargo Deals Major Setback to Administration Refinance Program. Wells Fargo Deals Major Setback to Administration Refinance Program. Wells Fargo Deals Major Setback to Administration Refinance Program. Wells Fargo Home Mortgage,Kansas City,MO: Learn about the federal government’s Home Affordable Refinance Program (HARP). Let Wells Fargo help with your refinancing loan needs. Do you qualify for the home affordable. The federal government's Home Affordable Refinance program is designed to help homeowners refinance their mortgages even if they. Federal government Home Affordable Refinance. Welcome to Wells Fargo Funding. You can feel confident with a dedicated team of experienced mortgage professionals focused on helping you achieve your goals now and in the future. Calculate the cost of refinancing your mortgage with Wells Fargo's Refinance Program for Existing Customers.Get started. If you are a servicemember on active duty, prior to seeking a refinance of your existing mortgage loan, please consult with your legal advisor regarding the loss of any benefits you are entitled to under the Servicemembers Civil Relief Act or applicable state law. Search Well Fargo Financial. Business Refinance Program is for business term debt only. Do You Qualify for Obama Refi Program? The federal government's Home Affordable Refinance program is designed to help homeowners refinance their mortgages even if they owe slightly more than the current value of their homes. The program could be a boon for some borrowers, though its many layers of rules may resemble one of those maddeningly complex contests that offer valuable prizes to people who complete a maze of special offers. Refinancing by the rules. The federal government. Fannie Mae. Freddie Mac. Wells Fargo yourFirst Mortgage Program; Government-Backed No / Low. VA Streamline / IRRRL Refinance Program. The program is complicated because the federal government has a top- level set of rules; Fannie Mae and Freddie Mac have their own separate sets of rules; and lenders, loan servicers and mortgage insurers generally have their own rules as well. Borrowers may well wonder where to begin. Here's our guide to help you navigate through this labyrinth of rules. RATE SEARCH: Compare rates on a mortgage refinance. Objective: The federal government's Home Affordable Refinance program is intended to help creditworthy homeowners whose homes have decreased in value refinance their mortgages to obtain lower interest rates or payments, lock in a fixed interest rate or eliminate onerous loan terms to improve their long- term stability as homeowners. The program applies only to loans that are owned or guaranteed by Fannie Mae or Freddie Mac, the two secondary- market mortgage corporations that currently are operated under federal government conservatorships. The borrower must be an owner- occupant of a detached house, condominium, duplex, triplex or four- unit residential property. The second loan must remain subordinate to the new first mortgage. The borrower cannot take out cash to pay other debts but may be allowed to finance closing costs or obtain small amounts of cash, subject to Fannie Mae's or Freddie Mac's rules. The interest rate on the new mortgage will be a market rate. Rates may vary among lenders. The borrower may be charged fees, points or other refinancing costs. The borrower must have sufficient income to afford the new mortgage payments. The new mortgage cannot have a prepayment penalty or balloon payment. The borrower's existing loan balances will not be reduced. Borrowers whose existing mortgage is covered by private mortgage insurance, or PMI, will be required to continue that insurance on the new loan. Borrowers who don't have mortgage insurance won't be required to obtain it. So far, 1. 5 lenders have signed formal agreements to participate in this program. A list of these lenders has been posted on the Making Home Affordable Web site. Other lenders may also offer this program. Borrowers are encouraged to gather documents before they contact a lender or loan servicer. Recommended documents include. Paycheck stubs or other income- related documents. Recent income tax return. Information about any second loan secured by the property. Account balances and monthly minimum payments on credit cards, student loans, car loans and other debts. Borrowers are encouraged to complete the short self- assessment questionnaire to obtain a preliminary indication of whether they may be eligible for this program. This program will end June 1. More information may be found at Making Home Affordable. Borrowers should be very careful to consult only the government's official Web site, as a number of copycat Web sites have sprung up to entrap the unwary. Some sites copy the government Web site and change the telephone number at the top.
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