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  1. #1
    Junior Member Vitiro's Avatar
    Join Date
    Mar 2012
    Posts
    1

    FHA Enhanced streamline question

    After watching the Obama mortgage plan last month I called my broker to see if my 5% FHA loan can qualify.

    The main thing I am finding is that the previous refi has to be done before May 31st 2009.

    I refinanced in March 2009, my FHA case # assignment was April 9th. When I called Wells Fargo they said that my loan was endorsed on July 24, 2009.

    So I do not qualify.

    I called the HUD and they said that is because banks sit on loans and send them in to be in all at once. Pretty much my loan sat on someones desk for 4 months and this is why I do not qualify.

    Is there a way I can contest the endorsement date of a loan?

    Thanks

  2. #2
    Mortgage Wars Cat Damiano's Avatar
    Join Date
    Sep 2007
    Location
    Colorado
    Posts
    9,905
    Hi Vitiro,


    Welcome to the forum and thank you for joining.........

    You can ask that question in the following thread and Erik may have an answer for you;

    FHA Streamline Mortgage Insurance being REDUCED!!

    Or you can contact him directly and ask if you like, he can be reached here;

    Erik Sandstrom
    Direct:
    (619)379-8999
    erik.sandstrom@wjbradley.com
    Best Regards,

    Cat Damiano
    LoanSafe.org Moderator

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