Where do I find a lender in Plano, Texas? LTV is 50%

2 Replies

Combined loan to value is around 48%.  $477,000 value combined debt is $230,000.  I have an adjustable ballooning next year.  Should I refi now?  How do I start locating a lender because credit is bad, about 600?

Originally posted by @Stephen Niermann :

Combined loan to value is around 48%.  $477,000 value combined debt is $230,000.  I have an adjustable ballooning next year.  Should I refi now?  How do I start locating a lender because credit is bad, about 600?

Start now, absolutely. If this is your primary residence, you may be able to refinance into an FHA loan with a score as low as 500. Check out Carrington or one of those type lenders. A bank like Bank of America or Wells etc... will not work with you.