Tag Archives: refinance
- How Do We Refinance Our Interest Only Mortgage With Bad Credit? – Morga
“Dear Andy, We have a loan through American Home Mortgage I assume this is Bank of America. Right now it is an interest only loan with a rate of 6.75. There is no way to get it refinanced right now as credit ratings are poor. We have concentrated on getting everything paid off. How would [...]
- Lost a Job and Trying to Pay the Bills. Should We Refinance? – Jenna
“Dear Steve, Our problems started 7 years ago when our daughter was born, her medical issues, then my husband lost one job (he was working two, to pay medical bills) we were doing pretty well until he got laid off in March. We went from $4,000 a month to a little over $2,000. I got [...]
- How Do I Refinance My Mortgage When It’s Underwater and I’m Loaded With Credit Card Debt? – Dan
“Dear Damon, I have about 53K in credit card debt (18K is @29.99). I plan to reach out to someone for help (still trying to figure out who to call first) for hopefully getting help negotiating a better deal on all the debt. I have house; assessed value is now probably 300k and my 1st [...]
- Refinancing My House After Bankruptcy. Who Can I Go With? – Jacquelyn
“Dear Andy, I am converting from chapter 13 to chapter 7 I am affirming my house but have 4300.00 in behind payments that I need help with. Is there any company that will refinance my house coming out of chapter 7? Jacquelyn” The Answer: Jacquelyn, It will be very difficult if not impossible to find [...]
- I Always Heard Not to File Bankruptcy. Now I Wish I Had. – Kathy
“Dear Steve, I owe 2008 taxes & I’m not paying in enough this year. I need every penny of my take home pay and more to live. A few years ago I took out a “mortgage based loan” to pay around $20,000 credit card debt. I have always heard “not” to file bankruptcy–I wish I [...]
- I Need to Lower My Mortgage Payment. – Josten
Josten wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- What You Need to Know Before You Refinance Your Home to Pay Off Debts
Consolidating your debt with the equity in your home can be a terrific money-saving strategy. The interest rate may be much lower than you’re paying on your other bills and, if you itemize on your tax return, you can usually deduct the interest you pay – making the effective rate of the loan even more [...]
- How Can We Find Someone to Refinance Our Home? – Kathy
“Dear Steve, We are in credit card debt of an incredible $40,000. We are trying to refinance our home…We owe $110,000 on it, but its assessed at $265,000. We are wanting to refinance to pay off the cc debt. The problem is, we can’t get refinanced because of our debt level and some late payments. [...]
- I’m Anxious to Refinance My House to Pay Off Debt If It Lowers My Payment. – George
“Dear Steve, Hi Steve, I have a $115K 30 yr mortgage at 5.25% and now have 20 yrs left. I also have almost $20K in credit card debt (13.5%) which is a minimum monthly payment of over $400, of which I usually pay more. This is killing me. I really want to get rid of [...]
- Single Mom Does Not Have Enough Left For Groceries. – Laura
Laura wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- We Have a Lot of Debt But We Don’t Want to Go Bankrupt. – Heather
“Dear Steve, Due to my husband losing his job and my being off work at times for medical reasons, we hve a lot of unsecured debt. We do not want bankruptcy. We have to refi our house next year so I don’t know what to do. we have about $50,000.00 in debt. Heather” The Answer: [...]
- I Can’t Afford My Car Payments. What Can I Do? – Jason
Jason wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I’m Afraid I’m Going To Get Laid Off. How Will I Pay My Bills? What Will I Do?
James wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]