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Archive for refinance to stop foreclosure

Option One Loss Mitigation Department

We have been helping homeowners all over the nation stop foreclosure and helping them with loan modifications. We have been helping homeowners stop foreclosure with Option One for over 5 years and have a great track record. If you need foreclosure help contact us today and we will be there for you every step of the way.

below are examples of foreclosure assistance

My rate reset from 6.25 to now 9.25 increasing my payment in $400. Besides I was basically unemployed since Nov 2007. Now I have a job but my income is lower than before. If I can reduce my payment at least as it was before I could keep my payments. I just missed my first mortgage payment. My credit score and the value of the house do not allow any refinance, loss mitigation Option One  

refinance to stop foreclosure

there are instances we have been able to refinance to stop foreclosure. If you have equity in your home you are a great candidate for a foreclosure refinance. Contact us if you are interested in refinancing to stop foreclosure. Below is a homeowner we could help. Case by case basis

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When I bought the home, I had expected my spouse would be working.  After the first 8 months of on-time payments, we began to fall behind so far that the mortgage company started forclosure.  I used our tax return to bail out of it, but the large payments that were set up kept us struggling with late payments. Yes, I now have a very secure salary job with an increase in pay (I was in commission sales) and my spouse has been working two separate part-time jobs.  We have alot more secure income, but our variable interest rate has increased twice and set to increase again.  Americas Servicing Company will not refinance and our payment at 11+% interest on 113,000 is over $1,300.00. With our current repayment plan, we pay $1,780.00 with our 80/20 2nd fixed (8.25%) mortgage payment of 270.00, it\’s very difficult.  The home was recently appraised for 150,000, refinance avoid foreclosure

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