Well that may not be necessary.
We have a program that if it meet the requirement you can refinance your home.
It is called a SHORT REFI
> A minimum credit score of 560 is required
> You must be current on your mortgage
> You must occupy the residence as your primary
> Your existing loan may not be a FHA loan
> Your existing lien holder must write off at least 10% of the principal balance.
> Existing subordinated mortgages must be re-subordinated and the new loan may not have a
combined loan to value greater than 115%
If you would like to speak to me in confidence I may be reached at
Camille Marotta #9838
Branch Manager, First Alliance Home Loans