Did you know that your current Chapter 13 bankruptcy is eligible for refinancing and paying it off?  With cash out options!

 

Yes this is true. Many brokers won’t and in some cases, do not know how to process this type of refinance.  They are not your ordinary refinance/cash out deals most are familiar with. These can be very complex to process; however the benefit of doing this equals substantial savings.  In some cases I have funded, the savings was close to $2000.00 monthly with cash out. As you can see, it is worth the paper work involved!  Not only is the monthly savings substantial, your bankruptcy becomes discharged once the trustee receives the funds for payoff, and your credit score will increase up to 50 points once it is satisfied.  Bankruptcy buyouts allow you a fresh start, a second chance. It will offer a manageable monthly payment than your current mortgage payment along with your bankruptcy.  I have many years experience in processing these types of loans. My reward is immense in knowing I have helped my clients get back on track with their finance and their credit!

There really is a light at the end of the tunnel; I am here to help you find it.

 

Lisa

 

 

11 Comments on Did you Know? Refinance your Bankruptcy

SEP
21
2006
6 Featured Posts

It baffles me how so many brokers will only deal with A paper.  Anyone can do them.

It's the challanging loans that get your blood flowing.

5:51pm • #1
You are right on Ann.  Me too.  Creativity is also apart of our business.
6:14pm • #2
267,396 Points 16 Featured Posts Outside Blog
Very interesting post. Thanks for the info.
6:25pm • #3

Thank you Jacqulyn, and your welcome!

Lisa

6:29pm • #4
10 Featured Posts
Wow, didn't think this could be done. Can you do loans in Washington State?
6:29pm • #5

Hello Karen, Yes these can be done, and yes I can do Washington State.

If you have a scenario or would just like some more information on this you can call me toll free at 1-866-916-7890

6:37pm • #6
259,045 Points 102 Featured Posts Outside Blog

Good post!  There are restrictions andmost folks in Chap 13 have already leveraged up before filing but it can work.

Nice thinking!   

 

8:10pm • #7
146,460 Points 10 Featured Posts Outside Blog

Lisa,

I am agree, we need creative on this business to success.

 

Ray Saenz, Broker Associate

United Property Brokers, INC

Homes for sale in Colorado Metro Denver Area

Ray Saenz Real Estate Agent & ActiveRain  Network User

10:49pm • #9
SEP
22
2006
Lisa, this is a excellent solution for a difficult situation. You have great information.
6:02pm • #10

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Lisa Imbriani

Phoenix, AZ

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Partner- I and S Commercial Finance Inc.

Address: Scottsdale, AZ, 85250

Office Phone: (602) 367-6180

Cell Phone: (602) 367-6180

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