Short Pay Refinance Option
Pay the bank less keep your home. Short pay refinance option is the newest program that is sweeping the nation. Most people who own homes have felt the down-turn in the market. Most feel trapped and see no way out of their current situation. There are ways to get out of what seems like an impossible situation. One such way is the new program called the Short Pay Refinance option. With the Short Pay Refinance option there is the ability to refi your Casa at the fair market value.
This new program was inspired out of TARP, the Troubled Assets Relief Program (TARP). This is the next logical step in getting help to the common home owner. The use of FHA to enable the balancing of the distribution of funds to those who need it is the best mechanism in order to achieve this goal.
How can we help you? We can on the internet show you how to qualify that is how we can help you. Just give us a call at 1-888-627-3847, answer a few simple questions, and we can lead you down the path best suited for you. Or you can use the menu on the right to speak with a live agent right here on the net.
For those of you who must know how it actually works, the Short Pay Refinance starts with you owing more on your home that the current market value. Thus, you are "Short". We then go to FHA HUD and qualify you for an FHA HUD loan at fair market value. This is the "pay" part of the Short Pay Refinance program. Then comes the difficult part. We must approach your lender, with cash in hand from the FHA HUD program, again the "pay" from the Short Pay Refinance, and convince the current mortgage company to take less than your current loan amount. This process culminates into what we refer to as Short Pay Refinance.
There is also a new webiste launched to help the people at www.astrongmiddleclass.gov a place to talk about short pay refinance option here www.iamsaidi.com and the commercial version at www.thestrongmiddleclass.us here.