Posts Tagged ‘loss mitigation’
Wednesday, October 15th, 2008
Refinance vs Loan Modification
Arizona Loan modifications are applicable in the real estate industry when mortgage property values have declined significantly.
Due to the booming real estate economy in the late 90’s and most of this decade, not very many homeowners need to learn about the loan modification process. This resulted in many homeowners applying for a refinance. A refinance is sensible in a stable or increasing market. It offers homeowners the ability to take out cash when needed, fix or lower their interest rate, among the possible options.
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Tags: arizona loan modification, foreclosure help, loan modification, loss mitigation, phoenix loan modification, preforeclosure, refinance
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Not all borrowers will meet the criteria for a Loan Modification Arizona through our program, and our company does not guarantee any specific modification results.
Enrollment and modification results are subject to prerequisite and approval into the Arizona loan modification program. Actual results will differ based on individual situations and lenders, the current terms of your mortgage, and your capability to meet the terms of your modified mortgage. Arizona Loan Modification is not a guarantee against foreclosure if you fail to meet the terms of your modified mortgage.
