Loan Modification
“This is a process whereby a homeowner seeks mortgage help to modify the current mortgage and both lender & homeowner are bound by the new terms and conditions.”
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Can I refinance?
“If you can't refinance, a modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan may be the solution.”
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Should I Short Sale?
“A Short Sale is when the lender agrees to accept a sales price of fair market value for your property despite the mortgage or mortgages totaling more than what the property is actually worth.”