I would like to lower my monthly payments by refinancing my auto loan. I have a good credit score to refinance (700s). I was recently unemployed (from October to February). However, I am about to start a new job this March 1.
How long should I be employed to qualify for an auto loan refinancing? (if there is such a requirement)
Thanks, I appreciate it.
I’m about to renew my mortgage and am looking into various options. Given the current economic climate and the fact that interest rates have been incredibly low over the past year or so, I’m wondering whether a fixed-rate mortgage option is better than a tracker rate. Fixed-rates are higher but will protect me from any rate increase… however tracker rates being lower, it would take several rate increases for them to become less compelling than a fixed rate… Any advise?
I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my loan does not participate in the HARP program. The issue is that I was never made aware that my loan had mortgage insurance. I’ve done research and found that The Homeowners Protection Act requires that lenders disclose LPMI. Is this the case? And, if so, what are my options?
my mom is still paying for the land we’re on now and we want to build a house or buy a modular home and use the same land, however, no mortgage company will let us unless the land is deeded to us. a dealer mentioned an option called partial release but i don’t understand what that is or how to do it or if there is a difference between that and deeding. please help! thanks!