Home not selling ???

[invest1choice]

Okay our home is not getting good reviews too much work needed to be done for the price we need and my adjustable goes up on May 1 . So if we don;t sell by then we will be forced to refinance a 90% LTV .. I just pulled our credit and our middle scores lowered to 613 and 618 ..
Any good refi companies out there that can help with low fees since we are at a 90% LTV as it stands???

[invest1choice]

We were told that we should lookinto a refi witha interest only loan since we are not out of BK 7 for two years yet since the rates will not likely go above8% . Verses going with another 2 years arm... I just thought someone migth have any thoughts on that idea??

[MTG_BANKER_OH]

Okay our home is not getting good reviews too much work needed to be done for the price we need and my adjustable goes up on May 1 . So if we don;t sell by then we will be forced to refinance a 90% LTV .. I just pulled our credit and our middle scores lowered to 613 and 618 ..
Any good refi companies out there that can help with low fees since we are at a 90% LTV as it stands???

You are going to have better luck if you can get your scores over 620. Another issue is going to be the fact that the house is listed on the market. That can pose a problem as far as your refinance. Is it listed with a realtor? Some lenders want to see the house is off of the market for 306 months before they will refinance. Others do not care, It just depends on your situation.

[invest1choice]

Anybody hear of nationstar mortgate company??
They say it really does not matter it is on the market... I guess I should have chose to refi in Jan with my current mortgage company because now he only programs they have is 3 years out of BK.... uh oh ... well see ..

[MTG_BANKER_OH]

Anybody hear of nationstar mortgate company??
They say it really does not matter it is on the market... I guess I should have chose to refi in Jan with my current mortgage company because now he only programs they have is 3 years out of BK.... uh oh ... well see ..

There are lenders out there, you probably need to work with a broker to find you the best program, the market is changing so much lately it is hard to keep up with what is going on with programs and you need to fidn someone that can assist you in this. There are any lenders that will still do your deal.

[invest1choice]

Do you know anyone that can help?? Our home is off the market my husband middle score dropped to a 589 middle uh oh that is not good.. mine is 629 but I do not make enough ... With all these mortgage companies going down and interest rates going up we will be looking at foreclosure for sure if we dont find anyone.. I have contacted brokers and this is what they tell me all mortgages are closing doors on Subprime it is hard to get a loan down 1 year out of BK7 .. 90 LTV with job history not steady..