What is the name of your state (only U.S. law)? IN
Presently the home loan we have is at 5.95% and is an arm with Country Wide (which will soon become Bank of America). However this past week I found out that our loan is actually with Fannie Mae and I guess that Country Wide is just the collector. All we want to do is refi into a fixed rate, but country wide is balking, since the loan is actually with Fannie Mae, with all the gov't monies they got, isn't there a requirment that they refi since my sister has lost her job and I lost mine but did get another at about half the pay I was getting? We have never missed a payment and only been 20 days late on 1. They tell us we are to "good" of customers to qualify, so what are we to do?
Presently the home loan we have is at 5.95% and is an arm with Country Wide (which will soon become Bank of America). However this past week I found out that our loan is actually with Fannie Mae and I guess that Country Wide is just the collector. All we want to do is refi into a fixed rate, but country wide is balking, since the loan is actually with Fannie Mae, with all the gov't monies they got, isn't there a requirment that they refi since my sister has lost her job and I lost mine but did get another at about half the pay I was getting? We have never missed a payment and only been 20 days late on 1. They tell us we are to "good" of customers to qualify, so what are we to do?