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06-29-2008, 01:09 PM #1sunshine052701Guest
Refinance mortgage or resturcture mortgage
Really need to do something to lower monthly bills. Looked into
refinancing current mortgage and response are not good. With home
values down, to refinance isnt positive because values of homes are
less than current amount due on mortgage.
Anyone know of RESTRUCTURE of a mortgage? Supposed to be that the
restructure company negotiates with current mortgage holder to lower
interest therefore lowers monthly payment.