Save Money on Mortgage Refinancing. Listen to this Rights Radio.com show.
By Dr. Joyce Starr | July 3, 2008
Filed under Economic Rights, Home Foreclosures, Home Mortgages, Homeowner Rights, Mortgage Rights
Mortgage expert reveals how some mortgage holders have saved over a hundred thousand dollars in mortgage refinancing. He also offers insider info on liens and foreclosures.
Listen to Dr. Joyce Starr’s interview with mortgage expert Jack Debrawa – June 18, 2008.
Program highlights:
- How mortgage short-selling and mortgage short refinancing can prevent major losses.
- Why purchasing property now could be a big mistake.
- Why condo association or homeowners association (HOA) members are the
ultimate losers when boards rush into unnecessary or preventable liens and foreclosures. - Where you can turn today for mortgage refinancing. Only a few viable companies remain.
“There are still banks that lend money, but the credit standard is high. They want to see a good borrower. They want to see a good credit score. Six hundred is a low credit score – which will require two years of income. In Florida, you have to show all of your income, including all of your assets. The bank will phone your employer to determine if you will still be employed 12 and 24 months from now.”
The instant replay of this show was available on this page for nearly two months. But don’t worry. If you missed the LIVE show and the instant replay, you can still hear this show.
Click here for the mortgage and foreclosure audio.
Is there any help to homeowner’s out there? I shared the same experience as your friend Sue while trying to get a modification. Wells Fargo and a negotiator basically put me through the ringer. Only to tell me to eat cake in the end. It would appear there is no help for the homeowner who is upside down, or has a high interest rate. It makes no sense to me. Hanging on in Simi Valley.
Hi Richard,
Thanks for speaking up! Wells Fargo/Wachovia – like other banks – should receive the attention they deserve on this issue. It’s a scandal that banks can so easily abuse homeowners who try to hang on – but at such great risk to their health and lives. I plan to do more on this topic, so please check the site.
Bank of America has lied to me and I have been paying PMI for 7 months now. Loan office J.F. in Tulsa, OK told me that it was a perk for BOA customers that you can pay down on principal and once the % is met it will automatically drop. I sold an old house, paid 1/2 of amount borrowed, BOA just keeps telling me that I need to use their appraisal company to see if investors will allow it? and they keep sending me a copy of my Loan Disclosure where my husband and I initialed it and saying they can’t drop it. The loan officer lied to me to get the loan and now I am stuck and have to re-finance it to get out of the $186.00 mo. PMI charge. DONT EVER BELIEVE ANYONE FROM BANK OF AMERICA. YOU WILL BE LIED TO OVER AND OVER AGAIN AND MANY PEOPLE WILL CALL YOU ACTING LIKE THEY CAN HELP YOU AND THEN A MONTH GOES BY AND YOU SEE THEY DID NOTHING, YOU CALL AGAIN, SOMEONE ELSE CALLS AND YOU KEEP GOING AROUND IN CIRCLES STILL PAYING FOR PMI. THEY ARE ALLLL CROOKED AND THAT BANK NEEDS TO BE SUED BIG TIME. SO DO THE EMPLOYEES BECAUSE THEY ARE GOING WITH IT.