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Can Refinancing Stop Foreclosure in Philadelphia?

You may be able to stop the foreclosure process by refinancing your mortgage. Learn more about refinancing foreclosure in Philadelphia in this presentation.

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Can Refinancing Stop Foreclosure in Philadelphia?

  1. 1. I1. CAN REFINNCIN TOP FORECLOSURE?
  2. 2. V You may be able to stop the foreclosure process by refinancing your mortgage
  3. 3. CHANGE THE INTEREST
  4. 4. BY TAT. T<Ti_TfI. TC}, you may be in position to secure a lower interest rate
  5. 5. Subsequently, you are also in position to lower your monthly payment.
  6. 6. CHANGE THE TERM
  7. 7. V If you change the term of your loan, adding more years, it will effectively lower your monthly payment.
  8. 8. NE LOAN To PAY OFF ANOTHER
  9. 9. V When you use one loan to pay off other, the original lender will receive the required funds in full.
  10. 10. FOR THIS REASON, if you get refinanced, the mortgage company has no grounds to move forward with foreclosure.
  11. 11. Do YOU QUALIFY? "V C. 35 I
  12. 12. If you are behind on payments with one lender, you may find it a challenge to locate another who is willing to refinance your loan. L
  13. 13. A D ". ‘lT‘l? f3 1 T_A_T_. l_. Y, your credit score will be taken into consideration.
  14. 14. CONTACT YOUR LENDER
  15. 15. If this is an idea you are considering, contact your lender to discuss where you stand.
  16. 16. As well as any other options that you may qualify for
  17. 17. A NTACT A FORECLOSURE ATTORNEY
  18. 18. There is nothing worse than being alone as you attempt to fight off foreclosure . * far 6' 'r‘ , ..3
  19. 19. By hiring an you will feel better about what the future holds
  20. 20. j : , l . I Q. LEARN MRE ABOUT FORECLOSURE IN PHILADELPHIA 6
  21. 21. E LAw OFFICES oF DAVID M. OFFEN wvvw. getfreeofbills. com 215-625-96oo

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