I want to know more about the streamline refinance program.
by
Keith S
(IC: )
I am under in my mortgage. I paid 214.000 for my condo in 2006. I believe my condo is worth less than 80k. My loan is through a first time home buyer program sponsored by the state of Maryland. Department of Housing and Community Development. I have to be the primary tenant in the property. I cannot rent out the property under the program rules. I tried to refinance the load but since I am under a lot of banks will not take my request on. And when I do refinance or sell the property, I will have to pay the state of MD 10k for deferred settlement part of the program rules. I did not have to put a down payment or pay for closing cost. My question is, - is there a bank that you know would refinance my loan? Or a government program that will.
Please advise.
Please advise.
2 answers
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Peter Pasternack on Apr 03, 2012Keith, Is your loan an FHA Loan? If so email me your contact information to Peter@foundationsllc.comHelpful Reply
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WriteaLoan on Dec 03, 2012I filed for my FHA home loan application at http://www.writealoan.net and I live in GA. I have always been interested in flipping a home and making profit.Helpful Reply
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