EQUITY RELIEF
A short re fi is like a regular refinance with the added benefit of reducing the total principal of your loan. The new loan value is based on todays current market value. Banks usually agree to allow this reuction in principal to remove a “toxic” loan from their books. Loans on propperty that are higher than the appraised value are considered toxic and cannot be sold to other banks.
BENEFITS INCLUDE
Drastically lower payments
Create instant equity in your home
Reduce total loan amount by thousands
Negotiated directly by an attorney, not a processor

