Kentucky Mortgage Lender

Kentucky HARP Mortgage Refinance Update: There were several instance where Kentucky HARP loans  could not be completed since the borrower’s loan was sold to the Fannie Mae or Agency after the required date of May 31, 2009, even though the loan may have closed well in advance of the deadline. We’d like to let you know that both Kentucky  Fannie Mae (DU Refi Plus) and Freddie Mac (Open Access) have revised the requirement and loans that were CLOSED by May 31, 2009 will now be eligible for  the Kentucky Mortgage HARP refinance program.  Apply for your HARP refinance below or contact me with your questions. Joel Lobb (NMLS#57916) Senior  Loan Officer 502-905-3708 Cell kentuckyloan@gmail.com Fill out my form!

FHFA Launches National Education Campaign Campaign Aims to Reach Homeowners Eligible for Mortgage Refinance under HARP Washington, D.C. – The Federal Housing Finance Agency (FHFA) today launched a nationwide campaign to inform homeowners about the Home Affordable Refinance Program (HARP) . The campaign is designed to encourage homeowners who have been making their mortgage payments, but who owe more than their home is worth, to contact their current lender or any other mortgage lender offering HARP refinances to review their refinancing options. “HARP is an absolute no brainer for eligible homeowners. This program allows underwater homeowners the option to refinance at a lower rate and in my book that is a great deal,” said Aubrey. “I spend my time on TV and as a realtor trying to get great deals for my clients. FHFA has already done the legwork to create an amazing deal. It’s as simple as finding out if you qualify, getting the refinance done and watching the savings add up....

The New 2012 Home Affordable Refinance Program (HARP) for Kentucky Mortgages Upside down on your Kentucky  home?  Do you currently owe more on your home then what it is worth due to the current housing market?  If you do, you are not alone.  There are thousands of homeowners across the country that are in the same financial position.  These same people would love to reduce their interest rate, save finance charges, and lower their monthly payments but feel they can’t since their home has significantly reduced in value.  In some cases, families may owe 50% more then what their home is worth!  For example, a family may owe $150,000.00 on their home that they purchased 4 years ago.  At the time they purchased their home, the home was worth $200,000.00.  Now, due to foreclosure, short sales, and the current economic situation we are facing in theUS, their home is now worth $100,000.00. ...

How Do I Refinance a Conventional Loan? Negotiate the terms of your purchase Understand the types of settlement costs Learn about charges to establish and transfer ownership Consider state and local government fees and taxes Understand "all-in-one" pricing of settlement costs Ask for estimates of settlement costs Consider these settlement cost tips Where to go for help More resources and ordering information Settlement Costs Worksheet   The mortgage settlement process--sometimes called mortgage closing--can be confusing. A settlement may involve several interested parties and a variety of documents and fees. This guide helps you understand the steps involved in the settlement process. Although the focus here is on settlements for home purchases, much of the guidance will also apply if you refinance a mortgage. Settlement costs can be high, so it pays to shop around for settlement services and negotiate with the home seller, your mortgage lender, and your real estat...

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\ Louisville Kentucky Mortgage Loans FHA, VA, KHC, Rural Housing, USDA, Fannie Mae Mortgage Loans HARP 2.0 Refinance Guidelines for Fannie Mae and Freddie Mac Louisville Kentucky Mortgage Loans -- Joel Lobb Senior  Loan Officer (NMLS#57916)  phone:  (502) 905-3708   kentuckyloan@gmail.com