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Can’t refi then Modify
Many of us are seeing a new trend in the mortgage market out there, it is called a Loan Modification. Here is a link http://www.hud.gov/offices/hsg/sfh/nsc/faqlm.cfm to where you can get some free information. With the lending world tightening down their restrictions, higher credit scores, more reserves, lower DTI, and then the old appraisal issues with the value of your home, this is another opportunity.
To read more go to David Haley’s Blog @:http://www.lendingonrealestate.com/MyBlog?CertContactID=19920810&CampElementID=1012310




