Question by wongmartines: I am a foreign national; I own a rental single family home in NJ 07960. Do you know if I can refinance it?
I have a SS# and my credit score is 747. Three lenders have rejected my application. I would like to take advantage of the Obama refinancing programs such as “Making Home Affordable” or something similar.
Best answer:
Answer by sassy2
You have already been rejected by three lenders. No help for you
Obama program is only for those with Freddie Mac or Fanny Mae backed mortgages. If you had that the lenders would have not turned you down.
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Those programs are for OWNER OCCUPIED homes only.