Droppin Knowledge asked:


I have a 5 year interest only mortgage and just closed on my condo 4 months ago. It appears rates are lower. How do I go about refinancing and what are the advantages? If it’s lower should I autmoatically do it?

clemmie asked:


I have a 5 year interest only mortgage and just closed on my condo 4 months ago. It appears rates are lower. How do I go about refinancing and what are the advantages? If it’s lower should I autmoatically do it?

jedihush asked:


I havent missed a payment yet but I am planning on moving within 4 months.I will let the house go with March being my last payment.Is there anyway I can help my mortgage company expedite the foreclosure? This is probably a strange question but I would like to know if it is possible to get the house out of my name within 4 months.
I know it will affect my credit but I cant sell the house because it is worth way less then what I bought it for.