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She’s got good credit, but her lender refuses to refinance her mortgage. If it would lower her payments, why wouldn’t they be happy to do it? Here’s some…
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Scooped by Al Cannistra |
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Lenders are NOT your friend. This is a good read. Not that I am one for many laws, it seems that is someone has a mortgage and is making payments, lenders should be forced to do a simple re-fi (no additional funds) that would lower interest and payments. If the borrower has the means to be current on higher interest higher payments, then why should they not be eligible for rates available?
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