If you’re facing foreclosure, you may still qualify for a refinance based on the equity in your home.
Many homeowners are denied by traditional banks due to:
Equity-based refinancing works differently.
Instead of focusing primarily on credit scores or recent payment history, these programs focus mainly on the equity in the property. In many cases, the loans are funded through private lenders rather than traditional banks.
If sufficient equity exists, a new mortgage loan may be used to:
This is not a loan modification.
A new mortgage loan is used to replace the current mortgage entirely.
All loans are subject to lender and/or investor approval.
Never pay any third-party company upfront fees for a loan modification.
Our company provides equity-based mortgage refinancing solutions. We do NOT offer loan modifications and we do NOT charge upfront fees for foreclosure assistance.
Homeowners should be very cautious of companies requesting advance payment for loan modification services. Federal regulations prohibit upfront fees for loan modification services.
Any refinance we arrange involves a new mortgage loan that pays off the existing loan at closing.