Thank you, President Obama! We closed on our new HARP mortgage yesterday!

[CTyankee]

After a long time despairing over the costs involved in getting a mortgage with a better interest rate, we were contacted by Chase bank about getting the Home Affordable Refinance Program loan, if we qualified. Well, we found out we sure did! Not only did we get an excellent interest rate, we did so with NO closing costs. And the transaction was handled at our house, a great convenience since my husband has mobility issues. Yes, we had to provide lots of information and of course had to have our accountant look at the offer and give us the go-ahead. But it was worth it!

Now, the next time some republican tells me how awful Obama has been for this country or how the government can't do anything for people, I will be happy to tell them my story and let them ponder on it.

[Rex]

1. THANKS OBAMA!

[elleng]

2. Great news, yank!!!

[CTyankee]

3. Thanks!

I figure you are pretty much in 7th heaven right now, with Eddie and the cottage! I'm SO happy for you!

[elleng]

4. Yes, indeed,

even tho Eddie is 200? miles away, in NJ! He slept 8 hours last night! (after they got a space heater, which I'd suggested they get. Gee, who knew babies like WARM! Who RAISED these kids???)

Julie is nearby, its 60+ degrees here and sunny, just lovely!

Very glad you've got some room to move, with new mortgage.

[CTyankee]

5. Our attorney for all matters related to Door County property said he has handled many

HARP loan closings. His opinion of them was POSITIVE, so we felt that we were getting a good deal. At this point in our lives we can't wrap our heads around moving to a more accessible home, but that day will come. I've made my peace with that and have stopped fretting.

Looking forward to Tuscany in late March!

[elleng]

6. and will be 'with' you in Tuscany,

spiritually anyway!

[CTyankee]

8. Thanks. It does seem like a kind of spiritual journey, me and the fellow acolytes of Piero

della Francesca as we trudge through old medieval towns where he painted...

Here is the town (Anghiari) I stay in:

[elleng]

9. WOW! That's really something!

Interesting when I learned, on my honeymoon, that Italians live close, in towns, and apartments, not much at all what we'd consider rural OR single-family.

[CTyankee]

11. According to this trip's reviews on Road Scholar, the people in these towns are VERY friendly.

Of course, they must be proud that they have such an illustrious native son and they are happy to see tourists who will come and spend money. So, great food, lovely people and magnificent art...what more could you want?

[Holly_Hobby]

7. We closed on ours last Feb., went from

8.5% interest to 3 ! Thanks, Obama!

[CTyankee]

10. I just wish we had known of this last Feb.

However, I'm not complaining...

May I ask how you found out about this loan program?

[Holly_Hobby]

12. Chase is our mortgage holder,

they sent us a letter. Actually, several letters, while I was doing the homework on it and hiring a real estate attorney. We had only 21 days to decide after the first letter. I'm not sure why they were in such a hurry, but it really worked out well for us. Applying was easy, all they used was credit reports. No pay stubs, no tax information, nothing but the credit reports. We closed in 2 weeks after the phone application. Easy. And no closing costs except for the attorney fee.

[CTyankee]

13. We had a tight time frame too but had to send a bit more info in as we are both retired.

We had no expenses at all with this. Our accountant doesn't bill for this sort of thing and our attorney is for other real estate matters in a different state, but he is a RE lawyer and it was good to get his feedback on this!

[MineralMan]

14. Good deal!

I'm glad you were able to refinance like that.

[CTyankee]

16. Thanks. It's a good program but you have to have excellent credit.

It's a relief knowing you aren't falling victim to a scam. As I get older, I am more and more fearful of that sort of thing...this looked "too good to be true" which is why I immediately checked it out.

[Cha]

15. Good on you, CTyankee! Only the brainwashed think President Obama has been

bad for this country.

[CTyankee]

17. Yeah, like that goddamned FDR and his horrible Social Security that will lead this country

into debt hell....

[arcane1]

19. You're not even remotely correct about HAARP.

[CTyankee]

20. I don't know anything about the sonic weapon program to which you refer.

I am a gun control advocate. I don't work for the government. I have been around a long time, hence my high number of posts.