Radio Show Topics and Answers | Published: Thursday, August 23 2012


Refinance with a Non-Fannie Mae/Freddie Mac Loan

Refinance with a Non-Fannie Mae/Freddie Mac Loan

Doris in Oviedo is underwater and wants to refinance but is having trouble doing so with Green Tree. Her credit is good but she doesn’t qualify for any of the HARP programs as she does not have a Fannie Mae or Freddie Mac loan. She asks Robert Palmer for advice on her situation.

There are a lot of people in a similar situation. About 60% of underwater homebuyers do not have a Fannie Mae or Freddie Mac loans. Congress has continually floated ideas about trying to create a program that would be backed by the Federal Housing Administration (FHA) that would be like the HARP for non-Fannie Mae/Freddie Mac customers; however, it hasn’t received any major traction. There isn’t a program yet to help people in this situation.



By Robert Palmer


All Radio Calls

Down Payments: What to Know Thursday, September 05 2013


Refinance With Multiple Properties Thursday, September 05 2013


Reasons A Loan May Be Denied Thursday, September 05 2013


FHA Refinance After Hardship Thursday, September 05 2013


Financing Manufactured Homes Thursday, September 05 2013


Do I Need A Realtor? Thursday, September 05 2013


Refinancing An Adjustable Rate Mortgage Thursday, September 05 2013


Sticking Out A Low Apprasial Thursday, September 05 2013


Veterans: Don't Let Big Banks Push You Around Thursday, September 05 2013


Private Mortgage Insurance Thursday, September 05 2013


Refinancing Close To Term Thursday, September 05 2013


Budgeting Your Way To Home Ownership Thursday, September 05 2013


USDA Streamline Refinance Thursday, September 05 2013


Looking To Buy With Poor Credit Thursday, September 05 2013


What Is HARP Thursday, September 05 2013


Loan Modifications Thursday, September 05 2013


Selling An Underwater Home Thursday, September 05 2013


FHA Refinance Post 2010 Tuesday, May 28 2013


How is Shopping Around for a Mortgage Accomplished? Thursday, November 01 2012


How Important is the Title Company in the Home Buying Process? Friday, October 26 2012


Choosing the Right Real Estate Agent for Your Needs Wednesday, October 24 2012


The United States Department of Agriculture Financing Tuesday, October 23 2012


Florida Mortgage Rates Compared to Other States Monday, October 22 2012


Maximizing Savings on Your New Home Friday, October 19 2012


Options when it comes to modifying current loan terms or looking into refinancing with other lenders Thursday, October 18 2012


Stay with Current ARM or Refinance Now? Tuesday, October 16 2012


Bank Owned Foreclosures Friday, October 12 2012


Refinancing options on an upside down mortgage Thursday, October 11 2012


Self employed borrower with fluctuating income who is now on an upward trend looking to refinance Wednesday, October 10 2012


FHA Streamline Refinancing Tuesday, October 09 2012


Should you refinance with less than ten years left on a mortgage? Monday, October 08 2012


Using three years income history to substitute for the two year income history requirement. Friday, October 05 2012


Is it worth it to pay the cost of refinancing with only ten years left and a low principal balance? Thursday, October 04 2012


Getting a mortgage after filing for bankruptcy Wednesday, October 03 2012


What is the Minimum Credit Score Required for Buying a New Home? Tuesday, October 02 2012


Pre 2009 Streamline Refinancing Monday, October 01 2012


Refinancing at a ten year term fixed mortgage while only having six years left on current mortgage Thursday, September 27 2012


Refinancing an ARM loan with another ARM loan, good or bad idea? Wednesday, September 26 2012


Does having a tax lien automatically disqualify a potential borrow from a mortgage? Tuesday, September 25 2012


Getting a Conditional Approval to Secure an Extension on a Short Sale Contract. Monday, September 24 2012


Can Investment Income Be Used In Calculating Yearly Income? Thursday, September 20 2012


What are the Options of Giving a Gift of Cash for a Down Payment? Wednesday, September 19 2012


Refinancing an ARM to Take Advantage of Today's Low Rates Tuesday, September 18 2012


Debt Consolidation by Cash Out Refinancing Monday, September 17 2012


Robert Palmer Warns Homeowners of HARP Scams on WESH-2 Friday, September 07 2012


RP Funding Sponsors K92 All Star Acoustic Jam Benefiting Ronald McDonald House Charities Thursday, September 06 2012


Understanding Second Mortgages and How They Impact Mortgage Refinances Thursday, September 06 2012


VA Loans and Credit Inquiries Wednesday, September 05 2012


Reasons a Loan Application Can Be Denied Tuesday, September 04 2012


Refinance with a Home Equity Loan Sunday, September 02 2012


How To Know When There Is Enough Savings To Refinance Your Mortgage Saturday, September 01 2012


Refinancing Manufactured Homes Saturday, September 01 2012


Shopping For The Best Mortgage Rates Saturday, September 01 2012


How To Monitor Your Real Credit Score Saturday, September 01 2012


USDA Pilot Program Qualifications Friday, August 31 2012


How Long After Bankruptcy Before You Purchase a Home? Thursday, August 30 2012


Underwater Mortgage Refinance Inquiry Wednesday, August 29 2012


Underwater Mortgage Refinance Inquiry Wednesday, August 29 2012


What is the Best Method to Attack Credit Card Debt? Tuesday, August 28 2012


How Does RP Funding Stay Competitive Without Charging Lender Fees? Monday, August 27 2012


If You Refinanced with HARP, Can You Refinance with HARP 2.0? Sunday, August 26 2012


Buying Out an Inherited Estate Saturday, August 25 2012


Florida Mortgage Rates Compared To Other States Saturday, August 25 2012


Refinance an Underwater USDA Mortgage Friday, August 24 2012


Refinance with a Non-Fannie Mae/Freddie Mac Loan Thursday, August 23 2012


Going Outside Your Lender for HARP Wednesday, August 22 2012


What You Should Know About Online Lenders Tuesday, August 21 2012


HARP 2.0 and MI Buyouts Friday, August 17 2012


What Happens When You Pay Off A Mortgage? Thursday, August 02 2012


Investment Homes Qualify for HARP Sunday, July 15 2012


Can You Nullify the Contract After Home Inspection? Saturday, June 30 2012


USDA Loan Backlog Questions Answered Saturday, May 12 2012


Fixer Upper Down Payment Advice Friday, April 13 2012


HOA Fees, Taxes and Title Companies Friday, March 16 2012


Can You Get a Loan to Buy a House at Auction? Friday, February 10 2012


Tips for Refinancing a Loan with a Low Balance Thursday, December 01 2011


HARP 2.0 Quotes and Fees Saturday, November 12 2011


Getting a Good Interest Rate When Financing a House Thursday, October 20 2011


Are Properties in a Florida Land Trust Ineligible for HARP? Monday, September 26 2011