Posted on: 26th Dec, 2008 02:43 pm
I have a loan with homecomings with a variable rate.they will not work with me,never missed a payment ,I been with them for around 5 years.Rate was 7.25 it went up to 10.75.I can not refi.because of my income.I would just like them to give me a fixed rate and lower the interest.I feel that they should because of my good history payment.Please give me some info.
thanks
chuck
thanks
chuck
hi crosile
the lender will not be able to give you a fixed rate and a lower rate unless you refinance the mortgage. as you have mentioned that you will not be able to refinance the mortgage because of your income, it will be difficult for you to lower the rate and terms. in this case a good history of payments will not help you much.
thanks.
the lender will not be able to give you a fixed rate and a lower rate unless you refinance the mortgage. as you have mentioned that you will not be able to refinance the mortgage because of your income, it will be difficult for you to lower the rate and terms. in this case a good history of payments will not help you much.
thanks.