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No upfront fee principal reduction in California?

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tracihieserich Guest	Posted: Sun Dec 13, 2009 5:23 pm    Post subject: No upfront fee principal reduction in California? Like 0 Dislike 0 does anyone know of a no upfront fee principal reduction in California? also has anyone had this done? how long did it take to close etc... Basically just need more info on the whole process thanks! _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Sun Dec 13, 2009 10:29 pm    Post subject: Like 0 Dislike 0 Hi tracihieserich, I guess the principal reduction will be a part of your loan modification. Whether or not you would have to pay the upfront fees for principal reduction would depend upon the policies of your lender. There may be some lenders who can offer no upfront fee principal reduction in California. Thanks
CV Guest	Posted: Tue Dec 15, 2009 2:13 pm    Post subject: Principal Reduction Like 0 Dislike 0 Yes, there is a company offering no upfront fee for principal reduction. It is not loan modification. They will refinance your loan at the current market value. Current or with late payments , OK. They will buy the note from your bank and then offer you a refinance. You will have new mortgage note at current market value.
KM Guest	Posted: Thu Mar 04, 2010 10:07 am    Post subject: Like 0 Dislike 0 What is the name of the company?
Guest	Posted: Tue Mar 23, 2010 8:47 am    Post subject: Like 0 Dislike 0 People Home Equity is doing mine.

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