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Company Loan Type APR Est. Pmt.

Refinancing vs. Loan Modification

Posted on: 31st Mar, 2014 07:04 am
Which one benefits the most? and how?
You usually dont have a choice -if you qualify for a refi they will make you do that before you will ever be allowed to do a modification - both will lower the interest rate and save you some money every month -
If you are upside down on your home a mod may be the only eway to do this - however there are loans available for some programs even if you owe more than the home is worth - ]Let us know if there is anything else we can help with.
Brian Barnes
ENG Lending Nationwide Lender
Posted on: 31st Mar, 2014 07:35 pm
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