Short Refinance
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Short Refinance | Keep your home
Short Refinances are currently pretty rare, but they are an option that may become slightly more popular as lenders search for new ways to help troubled homeowners, while also helping their bottom line.
This involves the lender approving the 3rd party refinance of your current loan – but at a lower loan amount than what you currently owe your lender. In this way, it is similar to a short sale. However, unlike a short sale, a short refinance lets you keep your home and it can in many cases be done much more quickly, as the lender agrees to the refinance rather than going through the time and costs associated with the short sale of the home.
As with the other options, the impact to your credit is less than if you were to choose to go through the foreclosure process. You are likely to meet some resistance when attempting a short refinance. Remember, it is never easy for a lender to forgive any amount of debt.
Put Your Trust in Us!
Who is more likely to achieve a better outcome in a tax audit by the IRS – you, or an experienced tax attorney? If you are standing before a judge and jury, at risk of losing everything you’ve worked so hard to achieve - are you going to represent yourself and take your chances, or hire a good lawyer (or team of lawyers) who specialize in that area of law, and are your best chance of reaching a favorable verdict?
ALMS believes that helping homeowners like you through these troubling times by achieving workable solutions which will allow you to keep your home for as long as you desire, will play a key role in re-establishing wealth and prosperity in America – and putting it back where it belongs, in the hands of America’s homeowners.
Simply pick up your phone and call:
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877-700-ALMS (2-5-6-7)
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