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Loan Modification vs. refinance-which is best? | Loan Modification

This is a discussion on Loan Modification vs. refinance-which is best? | Loan Modification within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Distressed homeowners trying to decide the best way to get help with getting an affordable loan payment should consider two ...


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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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Old 11-26-2008, 05:09 AM
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Distressed homeowners trying to decide the best way to get help with getting an affordable loan payment should consider two options-loan modification versus refinance-but which one is best? That depends on the borrowers individual b.../b

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