I bring up this topic because I am unemployed and I have a mortgage. I recently tried to refinance my apartment and it’s not going to happen. Why I don’t have a job.
This logic makes no sense to me why, I am not trying buy a home with no job so exactly how is the stimulus money going to help homeowners who have lost their job refinance.
I am truly irritated and angry about this. I have great credit and money in the back, there should be absolutely no risk to the bank to lower my mortgage especially since my apartment is worth more than I paid for it.
For once, I am going with the populist sentiment and wonder what the hell is the bank doing the stimulus money.