Hanford CA. Mortgage Rates

Today's mortgage rates in Hanford CA

Conventional Fixed-Rate Mortgages	Rate	APR
30-Year Fixed (conforming)	3.875%	3.946%
20-Year Fixed (conforming)	3.625%	3.723%
15-Year Fixed (conforming)	3.250%	3.374%
10-Year Fixed (conforming)	3.250%	3.430%

Affordable payment can help you shop through a variety of lenders, banks, mortgage brokers and providing you custom rates without any of these banks, lenders, brokers. You do not have to give out your personal information to any of these brokers or lenders. Get qualified for the lowest mortgage and right program and excellent support from Affordable payment.

In this Article we shall focus on answering some common queries of Hanford CA mortgage borrowers:

Can you refinance After Bankruptcy?

Its not easy to refinance your home after Bankruptcy. Much of it depends upon the kind of Bankruptcy you filed such as CH 7 or CH 13. How many years have lapsed since you were discharged from bankruptcy and not the date when you filed it and how much are you in control over your finances.

Bankruptcy filling have significantly declined since its peak in 2010. 

If pursuing FHA mortgage.FHA allows CH 7 borrowers to apply for refinancing after two years of discharge date. Likewise Ch 13 borrowers can refinance as long as they have been making payments on time for one year and with permission of the court.

 

Now NOTE here that these are basic guidelines of FHA. It doesn’t make it mandatory for FHA lenders to follow the same. In most cases the lenders may have an over lay. Meaning their own guideline on top of FHA guideline. 

For a borrower instead of getting lost in the maze of guidelines of lenders. Its best to seek a mortgage expert to save your time and effort.

A CH 7 will likely be reported for a period of 10 years and CH 13 would be reported for 7 years on the credit report. These reporting wipe out 120 to 240 points of the credit report.

This however doesn’t mean that the borrower is doomed. If you manage your finances well you will see soon enough that your credit scores are back on track.

The best suggestion would be to seek an expert help. 

Call Hanford CA mortgage expert below to get you the lowest mortgage rate on your refinance.

For more information visit www.affordable-payment.com or call 323-705-3191 if you are a California Mortgage borrower.

Artical by Roger Shanker