Short Pay
Do you like most home owners owe more than the value of your home and feel trapped with no way out?
We can show you different ways to keep your home and to get out of what seems like an impossible situation. One such way is the new program called the Short Pay Refinance. With the Short Pay Refinance you have the ability to refinance your home at the current market value.
We can do a Short Pay Refinance when the current mortgage lender accepts less than what is owed on the mortgage to allow the home owner to refinance. It will allow homeowners who are current with their mortgage to refinance into a fixed 30 year mortgage at the current value of their homes.
This new program was developed out of TARP, the Troubled Assets Relief Program (TARP). The program was developed by the United States government to purchase assets and equity from financial institutions in order to strengthen the financial sector. It is the largest component of the government's measures in 2008 to address the subprime mortgage crisis.
So if you are upside down in your mortgage, just give us a call and let one of our loan officers explain your options and help you to keep your house.
Call (888) 695-LOAN to speak with an available Loan Advisor!
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