I am wanting to refinance our 1st and 2nd mortgages into one pymt hopefully at a lower interest rate!! our 1st mtg is at 6% and our 2nd is at a whopping 9.3% Has anyone recently financed with a reputable mortgage company they are happy with? I am considering contacting James B. Nutter, but I am open for suggestions!! Thanks.
Hi V.! I have two possible options for you. I work at Bank of the West and we love mortgage loans. Our rates may be a bit higher (.25%) but you will make your payments to Bank of the West each month. The other option is a guy I work closely with, Eric LeMaster at Signature Mortgage. Let me know if you want information either way. You can call me at work ###-###-####. Good luck! B
I think going through a broker especially during these times is the better way to go.
James B. Nutter, from what I have heard, is a very good company to go through.
I went through Person to Person Mortgage in Overland Park, and had a great experience.
Hi V., my husband and I recently found out about a great program that will allow us to get a 15-year, 0% interest, fixed rate loan. It's called a mortgage restructure program and anyone that already has a mortgage is eligible, even if they are behind on payments. There's also no negative implications on your credit. It allows one to reduce their mortgage by 30-50%. So, for example if you currenly owe 100k, if you go through the program and your reduction is approved at 30%, you'd then owe 70K. Divide that 70K by 180 months (15y) = $388 (your new payment amount). It's awesome! There is a cost involved, but to us it is worth it. We own several houses (we're investors) and we are putting all of our houses through the program because it will create so much more cash flow each month and we'll own the houses free & clear in only 15 years. We've been so pleased with the program that I just recently became an independent rep for the company. Feel free to check out the website for more info. http://www.twifinancial.com
Feel free to contact me as well with any questions. Have a great day!
We had a fabulous experience with LendingTree.com. You put in all your details, and they shop the best deal for you. I was with Bank of America, and used LendingTree.com to shop a better rate, and then gave B of A the opportunity to match it, they said they couldn't. So we ended up going through the process with lendingtree.com and were assigned one person to contact through the process, he was great and the rate we got was great, 4.85% for 30 years, that was back in Feb.
The ironic thing about the whole deal was that after it was closed and all said and done, the mortgage was resold, to guess who? Bank of America, so we ended up back where we started, just with a much better rate.
I was skeptical about using Lending Tree, but after the experience, I would recommend them to any one I know!!
Good luck!
Nutter mortgage is a very reputable company. I have known Mr. Nutter, Sr. for years. They are stable and honest.
Also, I can recommend Community America Credit Union. I have financed homes & cars with them. Honest company. Their folks will be up-front with your about everything. I also agree with a previous poster about LendingTree. I would use them if the need arose again in my life.
