I have a client that is in financial trouble, and real late on his mortgage and the bank is talking to them to try and work something out, but the bank is still proceeding with the forclosure process, my question is ????? I heard that there are companies or people out there that can negoticate with the mortgage company and buy the mortgage at a cheaper amount that is due, and then they resell it to the homeowner that owned it before, and they add a profit to the price for there trouble. If anyone knows of a name and phone number for me to contact, please, please give it to me.
Refinance, cashout, 80LTV, S/E stated, 80LTV, 2X60 on the mortgage. Does anyone know of a lender who will do this?
3 family non owner occupied. Property was deeded from a relative 6 months ago and re-mortgaged 3 months ago. Customer wants to do a stand alone 2nd or a cash out refi up to 90cltv