Need either cash out refi or HELOC, 700 FICO
Hello everyone, I was discharged from Chp 7 BK in June 2011 and I currently have about a 650 FICO score. We are planning to remodel our home and I need cash either via a HELOC or a cash out refi. Our house is worth about $500k and we owe $200k and we're looking to take out about $60k-$80k. I'm finding that my 650 FICO is problematic and I'm looking for some advice. I'd like to get the remodel going this year and the options that I'm considering are: 1. HELOC now and refi later to roll everything into a new mortgage. My assumption here is that after having the HELOC for a year or so that I can get my credit to >700 which would give me a better rate. 2. Cash out refi now and live with the higher rate (>4.5%?). I could then possibly refi again in a few years once my credit score is in better shape. 3. Wait on the project unitl my credit score is >700? I appreciate your feedback on which of these options might be best. I'm also open to suggestions on how to quickly get my credit score up that extra 50 pts that I need. Thanks!
I am working with a mortgage broker so thusfar we aren't tied to or speaking to any specific bank. The broker tells me that I will take two hits to my interest rate. The first for being a cash out refi and the second for my 650 credit score. She's indicated that if I had a score >700 that I wouldn't necessarily take that second hit.
Similar Messages
-
My DTI is 48%, could I be approved for cash out refinance with my situation...
Credit card balance- 4300outstanding loan- $3000car payment $482 per monthmortgage- $1298 per month fico is 740, been with current employer for a year (same profession and pay structure for 6 years) doing a cash out refinance would lower my monthly mortgage payment by $100.00 per month and pay off the credit card and loan would then bring my DTI to around 34%. The trick is, could I get approved for a cash out refinance with my current high DTI?! Oh and i have about $11,000 cash on hand in my personal checking account. Its going to drive me crazy if the loan officer says "sorry but your DTI is too high" ofcourse it is now! But it wont be if you approve this cash out refinance! Lol
If you are paying off the debt through the cash out refi, the debt doesn't count against your DTI. If you are just taking cash to "pay it off", it will count.
-
Hi,
To analyze Lync issues I have installed these applications in my windows 7 x64 laptop
1) network monitor 3.4
2)Lync network monitor parser
3)nmdecrypt2.3
4)network monitor parser3.4
Installtion got completed successfully but when I try to start capture I get this error everytime.......
"None of the network adapters are bound to the Netmon driver.If you have just installed, you may need to log out and log back in order to obtain the proper rights to capture. Please refer to the product help for more information"
I read many technet articles and other blogs but that didn't solve this issue. I tried things like
A) Run as administrator
B) nmconfig /install in cmd
So could you please help me how I can fix this issue?
Regards,
AjitSeems our driver didn't get installed. What you see when you type "sc query nm3" from a command prompt?
Thanks,
Paul -
Need to find out how to get my images transferred into an InDesign layout without the rough edges, as with a bit map image, but to appear with smooth edges in the layout. I can notice it more when I enlarge the file (pic). How can I get it to appear smooth in the finished layout. Another thing too that I noticed; it seems to have effected the other photos in the layout. They seem to be
pixelated too after I import the illustration (hand drawn artwork...)? Any assistance with this issue will be greatly appreciated. Thanks in advance.No Clipboard, no copy & paste, as you would not get the full information of the image.
When you paste you can't get the image info from the Links panel, but you can get resolution and color info either via the Preflight panel or by exporting to PDF and checking the image in Acrobat.
Here I've pasted a 300ppi image, scaled it, and made a Preflight rule that catches any image under 1200ppi. The panel gives me the effective resolution of the pasted image as 556ppi. There are other workflow reasons not to paste—you loose the ability to easily edit the original and large file sizes—but pasting wouldn't cause a loss in effective resolution or change in color mode. -
When I try to download Adobe Flash Player, it says I need to quit out of Safari even when it's closed. How do I fix this?
Apologies for the slightly pedantic answer, but in application terms, "closed" and "quit" are two different things. An application such as Safari can have several windows open, and each of them can be closed using the red button in the corner.
However, even after all windows are closed, the application is still running until you specifically quit it. You can tell it's still running by the small light under its icon in the Dock. If you hold your cursor down on the icon for a few seconds, you should see a pop up menu with the "Quit" option - click that to quit it. Or, click the icon once (this may launch a new window), then either go to the Safari menu and click Quit, or click cmd-Q, to completely quit the app.
Matt -
Many times my computer takes too long to connect to new website. I have wireless internet (time capsule) and I am running a pretty powerful real time financial work program at same time, what is the best solution? Upgrading speed from cable network? is it a hard drive issue? do I only need to "clean out" the computer? Or all of the above...not to computer saavy. It is a Macbook Pro osx 10.6.8 (late 2010).
Almost certainly none of the above! Try each of the following in this order:
Select 'Reset Safari' from the Safari menu.
Close down Safari; move <home>/Library/Caches/com.apple.Safari/Cache.db to the trash; restart Safari.
Change the DNS servers in your network settings to use the OpenDNS servers: 208.67.222.222 and 208.67.220.220
Turn off DNS pre-fetching by entering the following command in Terminal and restarting Safari:
defaults write com.apple.safari WebKitDNSPrefetchingEnabled -boolean false -
I am working in Adobe Acrobat 9 Pro and just created a pdf form from a MS Word document. I need to find out how to have a date field in my form which will update automatically.
Update automatically under which circumstances, exactly?
-
Hello,
I am having some trouble with using shape layers and paths to create a solid, flat 'hair' effect in a cartoon animation.
I have used a semicircle shape layer as the hair on the head itself and then a path with a stroke of the same width as the semi circle to be the long part of the hair.
Unfortunately when I move/rotate the bottom point in the path it causes gaps to appear further up where the stroke is rotating around the point at which the stroke is supposed to "connect" to the semi circle.
I have included a couple of screenshots of me rotating the hair opposite ways so you can see.
- imgur: the simple image sharer
- imgur: the simple image sharer
I need to find out if there is a way to lock the top point in place where it joins the semi circle blond hair which will stop this part from moving at all, even rotating around the point.
But the bottom needs to move freely and obviously the part between the two points will move fairly naturally.
If you can imagine how a girl with long hair has her hair attached to her head, it does not move at all, but the bottom moves freely. It needs to be like this.
If you can provide any assistance it would be greatly appreciated.
Thanks!That is perfect thank you so much!
Can't believe I didn't think of that but you da real MVP! -
I just bought a new mac mini and an external DVD burner. I want to burn a DVD video and it will not play on the TV but only on the computer? Need this figured out for tomorrow. Can anyone help me?
Congratulations on the new Mini. Are you saying you tried burning and it does not play, or do you want to burn it only for the computer to be able to play it?
OS X Mountain Lion: Burn a CD or DVD may help. -
I have lost my iphone 4s and want to use find my iphone app on my boyfriends iphone 3s to delete the info on my now lost phone. Do i need to log out of his icloud inorder to log into mine to do this on his phone?
You need to use the Find My iPhone app (in the itunes store - free). When invoking it on a device, you enter the ID password of the account the lost device is connected to. You can also use a computer's browser and log into icloud.com.
-
We have several apple devices in our family who use my debit card for itune charges. I need to find out which device (itune account) these charges are coming from. Can you help?
You can't tell which device a purhcase was made on, but if your family members each have their own iTunes account to which your card is linked then you can check the purchase history on each of those accounts via the Store > View Account menu option on your computer's iTunes - that should have 'purchase history' section with a 'see all' link to the right of it
-
I no longer have access to system folders that allow me to remove old or incorrect PAGES templates. Need to find out how to do that. The only way I can do it now is to blank the template and replace the unwanted template with a blank. It was previously possible to go to MY TEMPLATES and remove the unwanted templates. I don't if this issue is before or since installation of 10.8 (a nightmare in my case, which led to significant failure issues). And because I haven't tried to remove templates since finally managing to install 10.8 (now at 10.8.4), I don't know if this is typical of the newer OS or a problem. I've been a Mac user for more than 25 years, but I think I'm nearing the end of the road. By the way, I've never needed to do this before because the manuals always offered an answer... they don't seem to do that anymore. In any case, I don't know how this works... I'd prefer an email reply if that's possible. But that would probably be too easy, and I don't know how to get a reply.
Thanks, I appreciate the help. I think this is one of the problems Apple is creating by changing the OS so often. I had fomer colleagues at [a major aerospace contractor] who told me that so many original files were ultimately lost because of the deadly change in the "Save As" operation that they are now afraid of every OS update. Apple has badly damaged their support base with that very prominent company (they won't update now until they've fully examined and understand changes in the pre-conditioned nature of OS computer functions), and they are a whole lot less enthaled with Mac-related equipment/software. Can't blame them, I too used orginal files that way (as easy-to-use templates), and lost some important files before I realized what was happening (to late to revert). Companies should not have to retrain employees each time an OS gets an update, it's can be very expensive several different ways. They learned a painful lesson with that one. And because I'm now retired and don't use multiple devices, I need iCloud like I need a hole in the head... but I'm told there's no way to keep Apple out of my computer. Fortunately, because of major problems when initially installing Mountain Lion, one hold-over of the hardware/software damage I experienced was that iCloud can no longer access my computer even though everything else is working fine again. That was the only "good luck" I had as a result of that expensive nightmare.
-
Hello, someone stole my sons IPhone today in his gym class. I have the "find my iphone app" on my phone BUT he is not a listed device. I went into his itunes account and downloaded the "find my iphone app" app under his account. When I try to log into "find my iphone" under his name on my device I get an error msg involving icloud......he is MUCH better at this stuff then I am BUT he is in school and now I need to figure out how to use the "find my iphone app". PLEASE HELP
It doesn't matter whick account you use to download the app.
You have to sign into the app (or iCloud.com from a web browser on your computer) with his Apple ID & password.
Find My iPhone will only work if it was enabled in the iCloud settings on the device and it was powered on with a connection to the internet -
I need to find out the list of outbound made it to the vendor
I need to find out if the attached list of outbound made it to the vendor.
and i have list of all IDOC numbers that i need to check. Could you please assist? how to check?
Please do needful.
Thanks in advance.
Regards,
PIneeder.Hi,
If you want to check it in XI/PI check first:
- in the abap stack transaction:
- sxmb_moni and filter for your sending system and idoc type
or
- idx5 fill in the date when the idoc was sent and the idoc number from the sending system and through double-clicking you will get to the same message as in sxmb_moni
- in the runtime workbench (only if the communication with the partner is done via a java based adapter (all except xi,http and idoc) go to the runtime workbench and then click on message monitoring and filter for your messages. If the status there is succesfull then you can safely assume that the message was delivered to the partner. Note: it sometimes happens that a PI server also has one or more decentral adapter engines. In this case you need to check if your communication channel is deployed on any of them (you can check that in the Integration Builder) and then select the corresponding one in the Runtime workbench -> Message Monitoring -> Message from Component.
Hope this helps,
Horia -
I have had Adobe XI for about two years and My harddrive just crashed. My backups were part of the failure so I can't get it back. I purchased it from a third part supplier and it was a download. I need to find out how to get it restored. I can send screen shots of all of the drive location where the drive is still good and I can see my Adobe Acrobat pro information, but the download itself is missing. NEXT STEP?
If you are talking about Reader (you did post in the Reader forum), then just download http://get.adobe.com/reader/enterprise. However Reader is free not purchasable. You can download a trial then install using your serial number, which if you didn’t register or write down somewhere you will be out of luck to track down.
Download a free trial or buy Adobe products | Adobe downloads
Maybe you are looking for
-
How can I Include Multimedia in ApEx
Is it possible to include multimedia, such as sound (.wav) files or Flash graphics in an ApEx application? Thanks, Gregory
-
I know everyone has different things going on with their wonderful N8's frm like little bugs as i would like to put it...I recently received my Nokia N8 and i will say that i am happy with what i have accept for the fact that their are a few little t
-
Calendar split into two in Outlook 2003
With 8.1, I thought I lost half of my calendar in Outlook, but learned that since the update the entries made on my phone are in one calendar in Outlook, but what I entered in my computer appears on another. How do I combine the two back into one? I'
-
Hi, I am facing the problem while fetching the data from COEP table.The scenario is as follows: 1) For the projects entered on selection screen,fetch BEDID from AFKO. (PRONR = Project def.) 2) Based on value of BEDID,fetch OBJNR from AFVC. 3) Base
-
Wm fixed bin & sales order material differentiation
Hi Friends, If I have one material which can be used in production & also can be sold to customer. As I have fixed bin strategy if qty is low for the goods receipted from the vendor then it goes to fixed bin else high rack. For the purchases for sale