I have been paying on a mortgage for 14 yrs. Now under finacial stress, i need to reduce the payments and concolidate. i want to remorgage over the longest amortization that i can. Right now i pay 700.00 on 70,000 . Can i do this? We are now on CPP and money is real tight. Where do i go and what do i ask for.
I don’t know if this will help your situation, but do a search for "produce the note". It has helped lots of people buy some time on their mortgage.
Mortgage help!Now on disability and money real tight. Do i sell my house or is there a better way .?
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I don’t know if this will help your situation, but do a search for "produce the note". It has helped lots of people buy some time on their mortgage.
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I can assume you’re not over 65? If you are the best relief is a "Reverse Mortgage" However, refi is a viable option. Call some Mortgage companies listed in your local yellow pages.
Ask for best FIXED Interest rates – around 5.2 here.
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You may go to Brian Evans and get his advice. He is a real estate investor and entrepreneur and he is the right person I know to assist you.
Hope his website can help you:
http://budurl.com/foreclosuregold
Good luck!
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Your best solution is to contact a Mortgage Broker he or she can sort out for you. Chances are your property is worth much more than the 70 you owe on it ,if this is the case you will be ok
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