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
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.