Recent content by sudman

Thank you ! I will certainly keep that in mind

Thank you ! It is part of the declarations document so it must be disclosed . I wonder if Flagstar Bank is flexible or if Fannie May guidelines prevent them from moving forward.

Thank you good sir for your feedback . Are you in the mortgage industry ? Do Fannie may or Freddie Mac guidelines disqualify me from a mortgage refinance ? This is what worries me most or if banks like Flagstar simply say no , even though they service my current loan already !

My question is as follows: I am a current customer with Flagstar bank and I am applying to refinance my primary residence. My FICO mortgage scores are 632 , 623, 590. My original purchase price was $530k and my current loan amount is $100k. I am looking to do a cash out refinance and...