How to refinace a non- FHA mortgage above 80% LTV?
Question by Danielle B: If my mortgage company sold my FHA fixed 30-year loan to Bank of America, drug can this hurt me in any way? I just bought my first house. I found my mortgage company, about it information pills Westar, online through Lendingtree.com. I was pretty happy with them. My first mortgage payment was due 1/1/10, but just to be on the safe side, I set up online bill pay through Bank of America to go out last week, and it cleared my checking account. When I logged into my Bank of America online account today, there was my mortgage showing up with my Bank of America accounts like checking, saving, and credit cards. My statement was on there and it didn’t show the payment I had made to Westar. I chatted with a representative, who said yes, the check cleared, but Bank of America is my servicer, not Westar. I called Westar and they confirmed that they sold my loan to Bank of America. This is the first I heard of it. Westar says they sent me a transfer letter, but I never received it. My rate seems to be the same based on what it says on the Bank of America web site, but I am blocked from accessing my loan documents while they do “research.” I am wondering if there’s anything I need to look out for. I have heard horror stories of people’s loans being sold, but usually those are ARM, not FHA 30 year fixed. Thanks! David Z: I did not receive a letter from Westar or Bank of America. That’s the problem. I did not know about this until I logged into my Bank of America account this morning. Not the best way to find out. Best answer: Answer by wizjpHappens al the time. YOu’re fine. part of a financial transaction between banks; your rate and term are set, even if you are sending your payment to a different place What do you think? Answer below! A couple of great apartment constructing pictures I identified: Apartments Image by J. Star built in 1881. I’ve had to work late every night this week, click and it really is frustrating not to be able to use my camera during daylight hours due to it being nicely past dark by the time I get off work. These days, page I grabbed a couple of fast shots out my workplace window as the sun was setting. This is an apartment developing in downtown Cincinnati. For far more houses click here… Flight Image by Incognita Nom de Plume Apartment building on the Malecon, check Havana. Cuba More excellent houses click here… Apartment Creating Image by WaterpoloSam Apartment Creating For a lot more properties click right here… by marsmet523 Stated Income Loans in Union, viagra approved New Jersey In stated income loans, Union, New Jersey residents with poor credit may be able to find a borrowing solution. With little more than a statement intended to represent income used to back up this type of lending, stated income loans can be targets for fraud. For consumers who are responsible with their borrowing and conservative in the measures they take to procure funds, few means are likely to be easier than stated income loans. Union, New Jersey, is a mix of financial and cultural demographics with different needs in borrowing. Stated income loans are valuable for filling in gaps in lending where standard loans would not hold up. Real estate investors are a group who benefits from the existence of stated income loans. Union, New Jersey investors with multiple...
Read MoreFHA's MMI Fund Turns The Corner; Reserves Now Above Required 2%
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