CLEVELAND, OH, September 13, 2010 (Press-News.org) YourHouseIntoCash.com has added a new section to its home buying website that offers homeowners facing foreclosure a new technique to help avoid foreclosure: A section on Mortgage Refinancing with information for homeowners on mortgage refinance loans.
The section has information on learning about and researching mortgage refinancing, choosing a new refinance loan, how to apply for a refinance mortgage loan and advice on what a homeowner needs to close their new refinance mortgage loan. There is also a comprehensive list of frequently asked questions and answers.
"With the current economy still not recovering, and with many homeowners and families at risk of losing their homes through foreclosure, a refinancing of a current mortgage loan can lead to lower monthly payments and may be a true method to avoid foreclosure," said Gordon Sands of Win Win Win Properties and YourHouseIntoCash.com, a leading group of real estate investors. "A homeowner can refinance their mortgage loan - and if their goal is to lower their monthly payments, as in the case of a homeowner facing foreclosure actions- the homeowner can work with their lender to discuss ways to lower the monthly payments to a level that can help the homeowner avoid foreclosure, at least long enough for the homeowner to improve their financial situation."
By refinancing a mortgage loan the homeowner is actually replacing the old mortgage with a completely new one. As such the same fees and costs paid for a new mortgage are also paid with a refinance mortgage. There is also a similar application process for a refinance mortgage loan as with an original mortgage.
Some of the benefits or refinancing a mortgage loan are to lower interest rates or monthly payments and allowing a homeowner to get out of an Adjustable Rate Mortgage if interest rates are going to rise.
Yourhouseintocash.com's mortgage refinancing section also presents situations why it would not be a good idea for a homeowner to refinance.
YourHouseIntoCash.com is run by Win Win Win Properties, Inc, and is a leading group of property buyers and sellers across the USA.
To learn more about mortgage loan refinancing, please visit our resource section at http://www.yourhouseintocash.com/mortgage-refinancing/index.html.
Please direct inquiries to:
Gordon Sands
contact(at)yourhouseintocash(dot)com
Win Win Win Properties Has a New Section on Mortgage Loan Refinancing for Homeowners Facing Possible Foreclosure
Homeowners facing foreclosure are looking for anyway possible to avoid foreclosure and save their home. One efficient way is with a mortgage refinance loan. YourHouseIntoCash.com now has information on mortgage refinancing on Yourhouseintocash.com
2010-09-13
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[Press-News.org] Win Win Win Properties Has a New Section on Mortgage Loan Refinancing for Homeowners Facing Possible ForeclosureHomeowners facing foreclosure are looking for anyway possible to avoid foreclosure and save their home. One efficient way is with a mortgage refinance loan. YourHouseIntoCash.com now has information on mortgage refinancing on Yourhouseintocash.com