Comments on: Refinance Loans

By: Malcom Mcadam

Malcom Mcadam — Tue, 20 Jul 2010 06:22:32 +0000

Mortgages, in general, are secured debt. They are secured by the residence that you bought with the home finance loan. It’s not standard to have any further rights in a mortgage loan than foreclosure (it can happen, though). About the only way they can come after you is if they can prove that you were trying to cheat them when you got that home loan (fraud). If you let the house go to foreclosure, your credit are going to be absolutely trashed for many years. You might want to see if you can negotiate a short sale on that property (with that lender). A short sale won’t trash your credit like the foreclosure would.

By: dl204612000

dl204612000 — Tue, 01 Dec 2009 13:24:28 +0000

Student loans are covered under a government program in that they are guaranteed from the banks perspective. If the bank will refinance a "student loan" you will pay almost the same rate you are now. If you go to a bank to refinance it outside of a student loan program (which would be awesome because if you default, which I don't endorse, you are not followed by the debt if you file bankruptcy if it were a student loan) you have to think about it from a bankers perspective…for them it is basically a $25,200 unsecured loan. Most unsecured loans carry really high rates like 10 to 20 percent. Just something to think about….

By: DRM

DRM — Tue, 01 Dec 2009 09:51:55 +0000

one reason why a large number of Americans are in debt is because they don't check their credit report&score monthly. you can prevent this very common problem by going to http://creditreviews.notlong.com and begin to rebuild your credit immediately.

By: Snowtime

Snowtime — Tue, 01 Dec 2009 08:58:29 +0000

Hey there! Thanks for considering working with Quicken Loans.

I completely understand your hesitation. Let me assure you that the closing will not be over the internet or phone. For the actual closing, we will send a notary in your neighborhood to any location you choose to close your loan. We work with trusted partners across the US to make sure your closing is always comfortable and convenient. You choose the place & time and we’ll be there.

For the other parts of the process leading up to the closing, we will do a lot over the phone and internet. You will work with one mortgage banker, who will be able to update you over the course of the loan and answer any questions you have. Let your banker know what types of communication you are comfortable with – e-mail, phone, postal mail, fax, internet, chat or anything else! We pride ourselves on our cutting edge technology.

The other thing we’re known for is our service. There’s no reason to be nervous – 9 out of 10 clients tell us they will recommend us to friends and family. We hope you’ll do the same.

I’m going to include some links for Quicken Loans reviews. If you have any other questions, feel free to contact me through our profile. Best of luck!

By: hellojamie2006

hellojamie2006 — Tue, 01 Dec 2009 08:02:05 +0000

Honey you sound like you need help fast or you may lose your home. I would suggest you contact the a different loan company to see how they might be able to help you. Don't wait! It's possible that an appraisal could show you wouldn't be upside down to refinance both loans. But I'm not loan officer. Please do this soon.

By: blue5215

blue5215 — Tue, 01 Dec 2009 04:17:34 +0000

No your duplex is a business so they will not refinance under normal circumstances.

By: sillycat

sillycat — Mon, 30 Nov 2009 12:12:19 +0000

never. if you must borrow, pay off as fast as you can. a car is generally a depreciating asset.

By: Anonymous

Anonymous — Mon, 30 Nov 2009 11:45:37 +0000

Any bank that does auto financing will do auto refinancing.

Also check into Capital One. they offer great rates and good service.

By: Addison D

Addison D — Mon, 30 Nov 2009 11:43:56 +0000

As long as you make sure that you have checked out the additional charges and made sure that your credit history is good, going for home refinance loans will decrease your monthly payments. For more information, you can go to http://www.whataboutloans.com/mortgage/mortgage-refinance-loans.html

By: r_muasher

r_muasher — Mon, 30 Nov 2009 07:18:24 +0000

Consolidating merely means you wind up paying a third party less per month but more total. Sorry, you could try borrowing enough to pay them off, or making the payments. You owe the total due, and they didn't twist your arm to make you take the money.