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Icon Mini Profile johnnygirlu2





Joined: 18 Feb 2011

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Post Posted: Fri Feb 18, 2011 6:25 am    Post subject: ewfinance
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How can I refinance my house when I owe 10000 more than it appraised
Icon Mini Profile jveenstra
jveenstra
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Joined: 10 Nov 2008

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Location: River Edge, New Jersey
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Post Posted: Fri Feb 18, 2011 9:49 am    Post subject: Refinance
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Is your existing mortgage owned by Fannie Mae or Freddie Mac?

If it is, there are mortgage programs that allow for refinancing up to 125% of the appraised value.

Call the customer service 800 number of where you send your mortgage payment to (the SERVICER of your loan, not the OWNER) and ask if your mortgage is owned by Fannie Mae or Freddie Mac

If it is, the ask them if you can refinance and they will tell you the rate, etc

_________________
John Veenstra, Sr Mortgage Consultant
Approved Funding Corp
Licensed NJ NY CT PA
201-833-0123x278
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