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sjones1774
21 Posts |
 Posted - 07/11/2008 : 1:35:05 PM
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I have a borrower in IN 664 credit trying to do a refinance payoff first and second.306k first 5k second 81%LTV value is tight.
Here is my question question.
Has anybody heard that Fannie considers it a rate and term if you are refinancing to remove an ex-spouse other conditions apply.And if so her 664 would fly.
thanks in advance
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sjones1774
21 Posts |
Posted - 07/11/2008 : 1:47:57 PM
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| Scenario!! |
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mojojojo_1
846 Posts |
Posted - 07/11/2008 : 2:29:31 PM
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this loan is to remove a exspouse and thats it or cashout loan? they can just do a quitcliam to get the husband out.
du it. sounds doable |
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EquitySmart
1240 Posts |
Posted - 07/11/2008 : 2:53:09 PM
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| The quit claim deed would remove the husband from title, but not the mortgage... |
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