One of the best resources for this task is www.makinghomeaffordable.gov. They have many different mortgages available on the site and you can compare rates.
You can't 'transfer' your mortgage to another property. The bank owns the mortgage lien. You would need to negotiate with the bank to modify its lien.
Visit the Neighborhood Assistance Corp of America at the link below.They may be able to help you negotiate with your mortgage company.
Negotiate an agreement with the mortgage holder.
"How Can I Negotiate With My Second Mortgage Lender to Take a Small Lump Sum Payoff" is an article available on the SFGate Home Guides section which explains in detail how to do just that.
Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.
Commercial mortgage brokers help to negotiate with banks or building societies to obtain the best possible interest rates for one's mortgage. They can be found as part of commercial mortgage broker companies such as Empire Commercial Finance.
When your home is foreclosed on, the first or second can start the process. If you have a first mortgage and a second mortgage, your first mortgage is the first lien holder. Therefore if the second was first to foreclose they would have to pay the balance or negotiate the balance (agree to lower payoff). When a home is foreclosed on, all debts against the home are extinguished.Normally in a foreclosure the first mortgage will not negotiate with the second mortgage, in this instance the second mortgage would be out of the picture. VALUE (appraisal) plays a huge role in this process.
You don't. A second mortgage is a secured loan, just as the first morgage. The difference is the first mortgage holder has priority if it involves a lien against the property or foreclosure rights. The only option is to try to negotiate with the lender for reaffirmation of the loan
When seeking a lawyer for a mortgage loan, key considerations include their experience in real estate law, knowledge of mortgage regulations, ability to review and negotiate loan documents, and their communication skills to keep you informed throughout the process.
This is a bunk form sent from a bunk company that allows you to re negotiate the terms of your mortgage loan.
This is a bunk form sent from a bunk company that allows you to re negotiate the terms of your mortgage loan.
To get a lower mortgage interest rate, you can improve your credit score, shop around for different lenders, consider a shorter loan term, make a larger down payment, and negotiate with your lender.