Principal Reduction - How It Works

 

Here is how it works:

1.          We acquire the mortgage note at a short sale.

2.          Then, once we own the note, we will refinance the note back to you.

3.          The initial refinance will be through seller carry back

 

Bad credit or late payments do not matter - if you are behind on your mortgage we will help you. Even if you are currently in foreclosure, we can help!

General rule of thumb is: Do you have at least a 50% DTI after the deal is completed. If the answer is yes, then we can reduce your principal.

Benefit for the Homeowner:

1.          You can stay in your home.

2.          New mortgage seller financed with a reduced loan amount of up to   40-50%

3.          Payments will be much more affordable.


 

 
 
 
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