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HOPE for Homeowners: An Introduction to Short Refinance

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Services for Real Estate Pros with Short Refinance

 

Many homeowners are caught in an unexpected situation. Their mortgage payments have increased, their income has been reduced and their homes have lost value. You may be experiencing a similar situation and we are here to help.

 

 

Affinity Financial ( www.affinity-financial.com ) specializes in a new government program know as the HOPE for Homeowners Program helping homeowners in this situation with a new program called a Short-Refinance (www.short-refinance.com ). Our company has been originating these loans since January 2008 and have successfully obtained short payoffs for our clients. Our goal is to help homeowners nationwide keep their home and achieve long term affordable payments.

 

The list of lenders accepting Short Refinances is growing at a rapid rate. In January 2008, there were 3 mortgage servicers and the list has grown to over 10 major lenders. There is pending legislation that could make Short Refinances common practice and minimize the ongoing risk of borrowers losing their homes to foreclosure. 

 

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