If you are in a position to refinance, then that would deffinitely be your best option. Do you have equity in your home? Is your income stable and sufficient to make timely payments? Have you been able to maintain your credit. No late payments in the last 12 months on mortgages and consumer credit accounts. If this is a picture of you, then call me at 352-505-2361 to discuss refinance programs that would be best suited for your situation.

If that is NOT your picture, you should consider loss mitigation. If you owe more than your home is worth, or have an adjustable rate mortgage that has or is getting ready to adjust to a higher payment, or are currently delinquent on your mortgage, or you are experiencing some type of hardship….loss of job, reduction in hours worked, hospitalized etc..then you should contact me at 352-505-2361 to see if I can help you with the loss mitigation process and save your home by preventing forclosure.

A loan workout or loan modification is an agreement that is negotiated with your current lender that changes the terms of your current loan. This may include rate reduction, rate locks, principal reduction, forgiveness of payment defaults, etc, Short Sale Negotiation, Deed in Lieu of Foreclosure, or Cash-for-Keys Negotiation.