mortgage loan advice
get mortgage loan advice here
-
Does anyone know of a loan modification program on home?
Posted on February 28th, 2010 1 comment
browndog513 asked:
mortgage? I have been interested in refinancing because of being caught in a interest only loan because I can’t afford a conventional loan. I heard about this loan from Chase Colby. I am afraid to get into something that I don’t know about. If anyone knows if this is a good thing to get into. Please give me some advise. Thank You
ErikRenting & Real Estate Chase, Colby, Conventional Loan, Home Mortgage, Interest Only Loan, Loan Modification, Loan Mortgage, Loan Program, Refinancing1 responses to “Does anyone know of a loan modification program on home?”
-
Many of those loan modifcation programs are scams. They can’t do anything for you that you can’t do for yourself. If you are on an interest only loan I would be very surprised if you have any equity at all. Read the terms of your loan document as it should list some options for conversion. Too many loan modification operations benefit the company and not the client.
Powered by Yahoo! Answers
James A March 1st, 2010 at 02:36