Mortgage Foreclosure Solutions

Do you have a Foreclosure Sale date? Are you facing foreclosure? Did you try to get a refinance Valencia and get turned down?There are multiple solutions available to you. Most homeowners just don’t know where to turn when they are experiencing problems with their mortgage. Let’s try to give you some solutions…

The most important thing to do is CONTACT YOUR LENDER. Most of the lenders Loss Mitigation information is listed below.

• Bank of America mortgage foreclosure 800-669-6607
• Chase mortgage foreclosure 866-550-5705
• CitiMortgage mortgage foreclosure 866-915-9417
• One West bank mortgage foreclosure 877-908-4357
• Wells Fargo mortgage foreclosure 800-678-7986
• American Home Mortgage Servicing mortgage foreclosure 877-304-310
• Nationstar mortgage foreclosure 888-850-9398

• If your lender is not listed, contact us and we will find you the contact information.

When you are struggling to make your mortgage payments, you need to determine the cause and be honest with yourself, can you really afford your home going forward with the changed circumstances. Many times homeowners just got in over their head, then an adjustable rate mortgage resets and the payment spike causes a default on the home loan.

Refinance Valencia

There are government programs as well as assistance from private parties. You need to turn to an experienced home loan banker to explore your options and see if you can save your home from foreclosure. California home foreclosures still lead the nation but the problem is slowly working itself out. Many homes have been short sale sold to California investors.

Let a California Foreclosure Specialist help you.

Bank of America and Wells Fargo have recently been denying many request for help.

It is important for you to stay involved with the situation. Don’t think because you called your lender today and they said they would get back to you that tomorrow they will call.

If you have received a Sale Date on your Valencia mortgage, the situation takes a sense of urgency. Unless you get the sale stopped, your home will be sold at Public Auction. Many homeowners have got a Sale delayed on their home mortgage Valencia or maybe even delayed multiple times. Some even just automatically expect it will be delayed every time. Don’t get caught in this trap. They are going to sell your home one of these times. You have to do something NOW.

When foreclosure looks unavoidable, the best solution is to try and have the homeowner stay in their home and delay the situation. See if your lender will do a work out solution on your home loan Valencia.Each strategy uses bank accepted solutions to get the delay. Some of those delays are:

1. Loan Modification
2. Bankruptcy
3. Short Sale
4. Listing the home for sale

All of the above solutions involve different methods and considerable effort. All will offer a different result. But, each is a solution to the situation and may help you In a foreclosure. Maybe doing a Valencia refinance of your home with the help of an Investor is a solution.

Before you decide on exactly what solution is best for you, we recommend you give us a call to discuss your exact situation and see if there is a solution that will work for you. 877-244-9190

Finance California Investment Property!

California real estate took a real nose dive as the economy faded. But,now California property values are on the rise. Home mortgage Valencia may be the thing holding you back.It’ s a great time to begin.

If your just getting ready to buy your 1st California Investment property, make sure you get you mortgage financing pre approved before you make an offer. You will find the requirements to getting approved for an Investment Property Mortgage is much different than on a Primary Residence.

Several items will be noticeable different. First, the Loan to Value or LTV will by different. Normally, the max LTV will be 70%. Additionally along with more down, you will be required to have as much as 12 months payments as reserves. This will depend on your exact situation and credit score.

Home Mortgage Valencia

You will find that once you own more than 4 financed properties, the rules for Fannie Mae mortgages change and the requirements get tougher. Both Fannie Mae home loans and. Freddie Mac home loans can finance you if you own up to a max of 10 financed properties but it just gets harder to qualify.

We specialize in helping Investors build their portfolio of California Investment properties and can help you get started.

Call us at 877-244-9190 to get pre approved for an investment property mortgage or visit us at www.MortgageConsumer.com