Tag - lake forest refinance

Which is Better? Loan Modification or Refinance?

Which is Better for My Situation? Loan Modification or Refinance? If you're currently facing a situation where you are not sure if you're going to lose your home you probably want to know your options before defaulting on the mortgage. You may have heard of the terms refinance and loan modification but really not understand the differences and which would work best in your situation. There is a difference between these two routes; one is more permanent and one is a temporary fix. One of the first things you need to do is contact your lender and let them know that you [...]

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