“Dear Andy, Originally purchased house in 1999 for 162,500. We have refinanced about three times over the years to help pay for some credit card repayment and also home improvement. The cost of refinancing has added about $10K on average each time, with the last re-fi adding on $20K (special loan because of PMI issues). …
“Dear Andy, We originally had Countrywide Mortgage provider 2005 ( a fannie mae loan), we were then one day just notified that our new mortgage holder was Bank of America. We have been paying a PMI of around $220.00. In September of last year we filed for a short sale and were approvedin Feb, three …
“Dear Andy, In 2006, I had a house built from the ground up for my mother to lived in. I paid the mortgage every month always on time. Never missed a payment. My mother passed on 1/11/11, the house is now vacant. I put the house up for sell in March 2011. I paid 180,000 …
“Dear Andy, I had owned a home in Oregon with a previous wife and in 2007 we divorced so i kept the house and had to refinance it into my name. By January of 2008 I could no longer afford the home and had tried selling it without any luck. The home foreclosed and was …
“Dear Andy, 1st mortgage with chase 3. something interest, adjustable, 2nd mortgage Indymac 12. something interest, fixed. No late mortgage payments, very low credit score and no equity in my home. I need wise advice on how to resolve this situation—high interest and two mortgage payments. Please give all information you have on this situation …
“Dear Andy, Was laid off for 6 months and found a job, but at alomost a 50% reduction in pay. Two months behind with mortgage and all other bills are behind as well. Have applied for the remodification program with BOA, but they are as usefull as.. well you must know! Where can I get …
“Dear Andy, In early 2010 I defaulted on my mtg. with INDY MAC for 3 mo. I applied for a loan mod due to financial hardship being a sm. business owner in a poor economy. What was required was that I pay back over $7,800.00 in back pmts. in ONE full pmt. and sign a …
“Dear Andy, I purchased a house on contract in 2005. The contract expired in Sept 2010. I live in Indiana. I have been making my payments and this month I was late and paid half of the payment and told the contract seller that I will pay the other half by the end of the …
“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” Jacquelyn, It will be very difficult if not impossible to find a lender …
“Dear Andy, I am 65 and have no savings and will be soon on SS only. I am almost debt free except for mortage and car I have saved up $10,000 and want to know if I should use it to reduce my new car loan from $24,000 to $14,000 (4.55%loan) or make a principal …
