To Refinance or Modify???

Are you thinking about refinancing or a modification of your loan before you do take into account a few things.

1. When you last refinance did you show any financial documents (w2, Tax Returns) Pay stubs)?
2. Did you have any equity left over after the last refinance?
3. Are you late on your mortgage(s) or have been late in the last few months?

If you answered NO to say questions 1 and 2 then you can't refinance and will have to modify your home loan. If you had equity left over and did show financial documents to prove your income and have not been late in the last 12 months then you may want to look into refinancing!

The good news about doing a modification is that more then likely you can secure a better interest rate then doing a refinance. Since Refinance loans are still tied to what the banks are offering per their guidelines then say a modification where they have more room to play with. The bad news that you will have to wait at least 3 to 6 months to get it done and that's if you qualify!

The trick to an approval on a modification is doing right the first time so you won't be having to re-apply again down the road! If you don't know much about the real estate market and mortgages then hire a real estate lawyer and save some time and headaches!

Here is where I work with www.lossmitigationsetup.com it's a law firm that takes care of the modification process from start to finish and guarantee's you a modification or you get the "fee" charged returned in full! Call me at 800-208-4753 or email me at refionce@gmail.com if you have any questions! Follow me at http://twitter.com/refionce

Thanks to FED CHAIRMAN 10 year bond tanked!! Lower Rates here we come!!

Treasurys rally as Bernanke stresses low inflation - MarketWatch

Call or email me with any questions you may have ask about our Refi or loan modification Specials!!! refionce@gmail.com or 800-208-4753 Follow me at http://twitter.com/refionce

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Flat day for 10 year Bond

The 10 year bond was pretty much quiet...As of right now the bond is at 3.61% which will more then likely keep the interest rates close to 5% for a 30 year fix loan.

Keep in mind that most banks right now are taking 30 days plus to get the loan through processing. If you need some help with either refinance or modification on your home loan you may email me or call! Have a great day...

800-208-4753 or refionce@gmail.com

You can see Foreclosure Listings for Free!

Bonds going back down...

If you need help doing a refinance or wanting to secure a loan to purchase a new home this is a good time to start the loan approval process!


Call me today 30 year fix interest rates are at 5.25% ! Call today 800-208-4753 !