Is there any chanse to refinance my house ?I have an adjustable loan.home value went down.i just want a fix?
Wednesday, February 25th, 2009
lorena_in_sua asked:
in september 1 will be 2 years since i bought the house and my payment will go up with 500$ a month.I hardly can pay now…but then..will be imposibble.I have a prepayment penalty till sept.1st.Home value went down..does anyone know what i can do?I just wanna save a foreclosure..but i cannot pay more than im paying now.The interest is high 8.3(1499.99$a month..and this will be adjustable from september) and11.7.for the second loan.I just want to keppit the way it is (or lower rates better)Is there anything I can do?I didt know anything when I bought the house..about prepayment penalty..and the broker took advantaje…and now..im suffering.CAn someone help?Thanks a lot!
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in september 1 will be 2 years since i bought the house and my payment will go up with 500$ a month.I hardly can pay now…but then..will be imposibble.I have a prepayment penalty till sept.1st.Home value went down..does anyone know what i can do?I just wanna save a foreclosure..but i cannot pay more than im paying now.The interest is high 8.3(1499.99$a month..and this will be adjustable from september) and11.7.for the second loan.I just want to keppit the way it is (or lower rates better)Is there anything I can do?I didt know anything when I bought the house..about prepayment penalty..and the broker took advantaje…and now..im suffering.CAn someone help?Thanks a lot!
Caffeinated Content