Short-Refi True Stories

Are You Upside Down With Your Home Loan?

We can refinance upside down mortgage holders nationwide. If you owe more than your home is worth, let us take a look at your scenario.

Let’s say you have a mortgage of about $400K with a home market value of $335K and that you would qualify full-doc for a better mortgage, but you can't afford the rate hike coming up. If your mortgage balance was once again less than your home’s value, which is $335K in this example, you could then afford to stay in your home instead of lose it to foreclosure. In this case, we may be able to negotiate a reduction of your mortgage to below your home value of $335K. This type of refinance is now possible. It takes some time and work on my part, but I assure you of diligent efforts to help you save your home.

We have many a true story of families in need who found a way to keep their home:

"I am a homeowner and I need help. My husband is a plumber with the union, and he is out of work. We fell behind on our house payments when our rate reset, and now we're in danger of losing our home. Is there hope for me or am I fated to be foreclosed upon by the bank? I bought my home in 2005 for $475,000, and today houses down the street are selling for $300,000.I tried calling both my bank and they told me that they are so busy with people who are behind on payments that they won't even talk to me unless I am late. The holder of the 2nd won't even return my call. This is the home I raised my kids in, and I want to keep it. Can you help?"

Yes, we can help many homeowners in this situation. In this case, we were able to refinance the home to $290,000, a fixed rate 30 year loan with no prepayment penalty.

Would you like to tell your personal success story? I'll be happy to comment on your scenario and help anyone who writes in. For privacy's sake, if you'd like a personal response and call, send me an e-mail to marie@affinity-financial.com Don't despair, there are people who care about you. We're in the business of helping people keep their homes. Marie at Affinity Financial 858.693-5404.

Most loan servicing departments are flooded with borrower's calling everyday. These departments have policies and scripts for each phone call they receive, and you may be transfered back and forth between departments or put on constant hold. Once you finally speak to the right person, you are asked for your income and expenses. Depending on the information you provide, you will be told whether you qualify for assistance or not. This process frustrates many borrowers and causes them to believe there are no options available. We strive to work with borrowers on an individual basis and we provide solutions.

The possibility of losing your home is stressful and you need an experienced professional to answer questions and guide you through the process.

What does our commitment to personal service mean to you? It means that we focus on you and your goals. We are committed to being here, for you every step of the way.

A Short Refinance may be the answer to keeping your home. 

  Call us now at 1-858-602-7800.

e-mail: marie@affinityfinancial.com