Refinancing question?

My husband is a disabled vet. We recieved a letter in the mail telling us to refinance our house at a lower intrest rate. We have a va home loan. The guy we spoke with told us he would save us over $17,000 and have 2 months deferred payment. In january he told us not to make our payment because they had set the payoff amount for closing. January we did not close and we made our payment. Same thing in Feb we made our payment late do to them. and again we still have not closed. My huband is paid monthly and I take care of our 4 children. We will have to make our payment by the 30th if closing does not happen and he gets paid on the 1st. Anyway they are going to report it to credit do to this lender. Is there anyone we can report this to or are we out of luck? i am so stressed out I cant deal with this.

Refinancing question?

I would not risk my dood credit, simply so that someone does not have recalculate the amount at closing. If this is not a scam (sounds like someones trying to dupe you, and take your house), they will have to recalculate the amount anyway at closing, because the interest will increase.

Pay your payments on time, save your good credit, and confirm that this person is truly saving you this money before you close with him.

Anyone that tells someone not to make their payment for this time period, does NOT have your best interest in mind. I%26#039;d get a new lender

Refinancing question?

Sounds like a scam, like the saying goes %26quot;if it sounds too good to be true, it probably is%26quot; Did the guy get any personal information from you? If you have then I would check your credit report just to be safe. You can get one free each year

https://www.annualcreditreport.com/cra/i...

Report them to he Better Business Bureau.

http://welcome.bbb.org/

Refinancing question?

explain it to your current mortgage company and see if they can remove the hits. Always make payments as scheduled. If you over pay they will refund it to you. Next go find an honest person to refi your home and stop dealing with brokers.

Refinancing question?

I was once in your situation. Don%26#039;t worry, everything will work out for you =)

A year ago I found this organization that gives people up to $1500 in renter or mortagage assistance! They operate in most US cities, I highly suggest you try to get some of this money.

http://www.help-me-rent-mortgage.org

Good Luck!