if your mortgage is not with freddie mac or fannie mae can you still participate in making homes affordable?

Posted on Mar 11, 2013 in HARP Refinance

Some cool apartment creating photos:

The Blok

Image by The Apologue
Typical apartment creating in Poland

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the building

Image by fdrizo
My apartment developing

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SISA
by ~MVI~ (running away from parties)

Question by mangelooc: Anyone with a credit score lower than 630 got approved for a Stated Income Stated Asset HELOC? who’s lender?
My credit score has dropped because of credit card bills and I want to get a home equity line to consolidate my bills. I need to go SISA because I have a commission based job and I havent made enough much the past two years to qualify me, more about I also have very few assets right now. My home has about 200k in equity but I’m having the hardest time getting approved. If anyone has a lender who has approved them with my situation please let me know. Thanks
I live in California USA.

Best answer:

Answer by togashiyokuni2001
Hmmm. I don’t have a license in California, dosage but your best bet is to just call a mortgage broker. They usually have at least 3-4 banks that will do a deal like that, depending on the CLTV.

What do you think? Answer below!
Question by pam t: if your mortgage is not with freddie mac or fannie mae can you still participate in making homes affordable?
if your mortgage is held by a private bank, ambulance can that bank participate in Obama’s ‘making homes making homes affordable’?

Best answer:

Answer by Landlord
Yes, they can. It is available for all lenders.

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