The Short Refinance REQUIRES A Budget Worksheet

Education & Training

I've been getting a lot of calls about how to do a Short Refinance.  One of the most important things a homeowner must do in order to increase the odds of success for a Short Refinance is to complete a monthly budget worksheet.

The montly budget worksheet will be provided to the current lender in the short payoff offer package and to successfully obtain a short payoff for a Short Refinance it must show the current lender that the homeowner is faced wihth substantial financial hardship.

The monthly budget worksheet is just a good tool to have around for any purpose.  I also provide it to first time home buyers.

Paul Dunn
Arizona FHA Mortgage Loans
Arizona USDA Rural Home Loans


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Travis Egan | 262.725.1505
Travis Egan -Movement Mortgage, NMLS # 655284 - Lake Geneva, WI
Movement Mortgage NMLS # 39179


Thanks for the worksheet.  I will use it in my daily activities with 1st time buyers and short refinace clients.  Thanks my friend.


Travis Egan, Delavan, Wisconsin

Sep 17, 2008 05:35 AM #1
Kent Simpson
Realty One Group Mountain Desert - Tucson, AZ
Real Estate Is About People

Paul, you provide some good, practical stuff.  Good going on inviting Cheryle to the 'Rain also!

Sep 17, 2008 04:15 PM #2
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown | Certified Mortgage Planners - Orlando, FL
Chris Brown 407.367.2974



good stuff... i have taken some step to investigate short refi's but no traction yet.  any help?


Chris the implementer

Sep 19, 2008 02:13 AM #3
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