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Short Refinance
Short Refinance
Like most home owners, you've felt the down-turn in the real estate
market. Many owe more than the value of their home and feel trapped with
no way out. We can show you many ways to keep your home and other ways
to get out of what seems like an impossible situation. One such way is
the new program called the Short Refinance. With the Short
Refinance you have the ability to refinance your home at the current
market value.
This new program was developed out of TARP, the Troubled Assets Relief
Program (TARP). This 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 sub prime mortgage
crisis.
So which way do I go? It won't cost you a thing to find out how we can
help you. Just give us a call, answer a few simple questions, and we can
lead you down the path best suited for you. Or you can use the menu on
the right to speak with a live agent right here on the net.
For those of you who must know how it actually works, the Short
Refinance starts with you owing more on your home Thant the current
market value. Thus, you are "Short". We then go to FHA/HUD and qualify
you for an FHA HUD loan at fair market value. This is the "pay" part of
the Short Refinance program. Then comes the difficult part. We must
approach your lender, with cash in hand from the FHA HUD program, again
the "pay" from the Short Refinance, and convince the current
mortgage company to take less than your current loan amount. This
process culminates into what we refer to as Short Refinance.
With the economy in the mess that it is in the government should us the
FHA program in combination with a Short refinance option to
stabilize the economy.
Troubled
Assets Relief Program (TARP). This
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.
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Short Refinance |
Short Refi | Shortoff | Loan Modification Service
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Mortgage, Refinance |Short Refinance | Loan modification services
We offer Commercial Loan Modification service.
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http://www.americanhomefinance.org
We serve:Los Angeles, Long Beach, San Diego , Fresno,
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