To: Lady Lucky; All
” I have other creative advice on dealing with banks, especially w/r/t mortgages, but I don’t think you’re THAT upset yet :) “
Try me! :)
To everyone who has replied so far - Thank You! Some very helpful advice and insight here. Please keep it coming.
I’ve got one more updated profit/loss statement almost completed (no small task), and if submitting it tomorrow doesn’t end this charade quickly we will be taking the advice offered here. Much appreciated.
30 posted on
07/29/2012 10:14:04 AM PDT by
dagogo redux
(A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
To: dagogo redux
To everyone who has replied so far - Thank You! Some very helpful advice and insight here. Please keep it coming.
I think part of the problem may be the length of the refinance. The banks are well aware of potential inflationary losses. If you were to go from 30 year to 15, the banks would probably approve it.
In our case we were looking into a short term home equity loan for a roof replacement. One to three years would only require a credit report and the mortgage payoff statement. Beyond three years was an entirely different process.
Just another possibility to consider.
34 posted on
07/29/2012 11:11:21 AM PDT by
PA Engineer
("We're not programs, Gerty, We're People")
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