Is it possible to change mortgage companies without refinancing?

Question by carinyosa99: Is it possible to change mortgage companies without refinancing?
Our mortgage was sold to a really crappy company. We have thought of refinancing, but then we realized we have a really good rate for another 18 months (we have a 5 year ARM) and won’t be able to find anything as low as we have now. It’s completely unfair that we don’t have a say in who gets our mortgage. I doubt we can have someone else buy it, but it was worth asking the question.
See my question about filing a complaint against a mortgage company and you’ll see why I hate them.

Best answer:

Answer by kemperk
I understand your concern.

Imagine you pay idiotic
Qwest phone company for phone
service and one day, you get
a notice that they are having
GE commercial handle their
billing; would you care?

NOTE buyers make up an entire
industry.

What makes company #2 crappy?

Know better? Leave your own answer in the comments!

This entry was posted in Q&A and tagged , , , , , . Bookmark the permalink.

3 Responses to Is it possible to change mortgage companies without refinancing?

Leave a Reply to Big daddy Cancel reply

Your email address will not be published. Required fields are marked *