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Negative Equity Refinance Solution Proposed By OTS

Negative Equity Refinance Solution Proposed By OTS

This is a discussion on Negative Equity Refinance Solution Proposed By OTS within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; In this solution, eligible borrowers would be able to refinance out of their current loans and into FHA guaranteed loans ...

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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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02-25-2008, 07:20 PM

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Negative Equity Refinance Solution Proposed By OTS

In this solution, eligible borrowers would be able to refinance out of their current loans and into FHA guaranteed loans based on the current value of the home. The original lenders would be paid back part of their loans, and issue this ...

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equity, negative, ots, proposed, refinance, solution

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