Refinance or Loan Modification: Which is a better option?
For borrowers who want to lower their interest rates or monthly payments, a straight refinance should always be the first choice. A refinance is a transaction that pays off an…
For borrowers who want to lower their interest rates or monthly payments, a straight refinance should always be the first choice. A refinance is a transaction that pays off an…
A short refinance, or “short-fi” is a fairly new concept. In a nutshell, a short-fi is a refinance transaction where the new loan amount is less than—or short of—the value…