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There is hope for underwater!- closing on our refi

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shiv
Twinsanity!!

Member since 5/07

4747 total posts

Name:
Shiv

There is hope for underwater!- closing on our refi

So happy to say that our Refi went through!! We have a mortgage and HELOC, which together = 118% LTV

We are refinancing under the HARP program. We needed the HELOC to subordinate, which I never thought they would, but they did!

We are going to a 20 year loan and getting a 4.5% rate from 6.625% and saving over $200,000 over the life of the loan!!!!

So excited, and our payment goes down @ $130 a month. Went through Quicken loans- they were great!

Posted 11/18/11 3:53 PM
 
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KrisT
Two Boys for Me!!

Member since 1/07

5213 total posts

Name:
Kristin

Re: There is hope for underwater!- closing on our refi

Great news!!

Posted 11/18/11 5:01 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: There is hope for underwater!- closing on our refi

Yay! My loan is not owned by Freddie Mac or Sally Mae so I can't take advantage of it.

Posted 11/18/11 5:55 PM
 
 

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closing this week, i hope rkoenke 7/6/08 6 Home
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After FOUR months, we are finally closing on our refi!!! MissJones 12/13/10 3 Home
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So BofA made a cluster f*ck out of my refi...just got back from closing Mommy2Boys 8/6/09 14 Home
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