Upside Down Mortgage

upside down mortgage modification

Question: How can I get my modified Home loan?

I have good (over 700) credit. I am not behind on my mortgage. I have a fixed rate on my house. But I hear all the advertisements for loan modifications for people in trouble. I am upside down on my mortgage,, How can I get my loan amount reduced?

Answer: If you want to protect your credit, try to refi.

Loan mods will damage your credit and add years to the term of the loan.

Upside Down Mortgage - Loan Modification - Refinance - California

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