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kmt300 · 12-04-2008, 02:10 PM

My husband and I own our home that is on an 80/20. The first is with Chase the second with our bank as a home equity line of credit. My husband was transferred with his job to a different state and we had to move and rent a new house in that state. We have talked to the Hope program and have gone through the credit counseling. They supposedly are going to submit the info to Chase with a recommendation. I have contacted Chase and I get the run around and eventually got disconnected. We have renters now in our home but we still have to come up with $550 per month to make up for the difference in what they pay and our house payment. We owe 228,000 on our home that we can sell for about 175,000. How do we go about trying to refinance or lower our interest rate of 6.625. This rate is set to adjust in 2011. Chase is not very cooperative. Thanks for the help.

12-04-2008, 02:10 PM	#1 (permalink)
kmt300 Junior Member Join Date: Dec 2008 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Chase Loan Mod My husband and I own our home that is on an 80/20. The first is with Chase the second with our bank as a home equity line of credit. My husband was transferred with his job to a different state and we had to move and rent a new house in that state. We have talked to the Hope program and have gone through the credit counseling. They supposedly are going to submit the info to Chase with a recommendation. I have contacted Chase and I get the run around and eventually got disconnected. We have renters now in our home but we still have to come up with $550 per month to make up for the difference in what they pay and our house payment. We owe 228,000 on our home that we can sell for about 175,000. How do we go about trying to refinance or lower our interest rate of 6.625. This rate is set to adjust in 2011. Chase is not very cooperative. Thanks for the help.