Mortgage Re-Finance

i currently have a mortgage with Wells Fargo. I have excellent credit and perfect pay history with Wells.

i have been solicited to re-finance my current mortgage. I am in the process of re-financing however i was told i could not use my 2011 income(W-2) to qualify. They instead asked for my 2009 &2010 tax returns. My 2011 income is substantially more than my 2009. My 2007 income is substantially more than my 2009, but they would not consider it either. I was told with the new govt programs the process has been stream-lined. It is a joke.

I guess if i stopped paying i might get a break!  So much for mortgage companies wanting to help the average

joe. Disappointed again,

jh, SmithfiledVa.