Remedial Financing

Mortgage loans that can resolve problem situations

Sometimes life is tough. A job loss, divorce, medical condition, business failure, or other calamity can cause serious financial problems for you and your family and even jeopardize your most important asset — your home. "Remedial Financing" is not some new loan or special way of dealing with any of these situations — it's simply a term used to define mortgage lending specifically tailored to resolve an undesirable or critical financial condition for individuals with debt, credit, income, or "situational" problems.

A remedial financing program can be structured to overcome a variety of issues, many of which are listed below. It's important to note, however, that not everyone in any circumstance will qualify for a new mortgage loan, but we will certainly do our best to try to help you with your unique situation, just like we've been able to do for many other good people that were looking for a fresh start on regaining financial freedom.

Remedial Financing could be right for you if:

• You have a history of late payments and need cash to consolidate debts
  
  You have a history of late payments on your mortgage loan or other credit lines, and you need to refinance your mortgage with cash out to pay off over-extended debt and regain control of your finances;
  
  
• You are divorcing or are recently divorced and need help with your mortgage loan
  
  You are involved in a divorce and need cash to purchase the spouse's interest in the property; or maybe you or your spouse need to qualify for a new mortgage loan with minimal or no documentation of income, employment or assets;
  
  
• You have collections, judgments, charge-offs, liens or other issues on your credit
  
  You're having problems qualifying for a new mortgage loan because of poor consumer credit, open collections, old charge-offs, unpaid judgments, or other issues;
  
  
• You have decent credit but have lost a job, are self-employed, or on a limited fixed income
  
  You're having a hard time qualifying for a new home loan because you cannot prove your employment and income, or the income you have is not sufficient to qualify for a new loan;

• You're about to default, or have already defaulted on your home loan
  
  You have been issued an "Intent To File Default" notice by your mortgage lender due to repeated late payments on your mortgage loan;
  
  You have received a "Notice of Default" on a first or second mortgage loan from a lender informing you that you have 90 days in which to bring your loan current, including late fees, penalties and interest before your home is sent to foreclosure;
  
  You have decided to sell your property after missing several mortgage payments and defaulted on your loan, but need to refinance your current mortgage to avoid foreclosure until your property sells, or you need help qualifying a relative, friend or other person to buy your home before the foreclosure sale;

• Are considering filing for bankruptcy protection
  
  You are considering the possibility of filing for Chapter 7 or Chapter 13 bankruptcy protection because of a poor financial situation brought on by the loss of a job, medical problems, divorce, or other predicament;
  
  
• Are in a Chapter 13 bankruptcy and want out early
  
  You have accumulated equity in your home and want to refinance your loan to pay off a Chapter 13 Bankruptcy after making payments for at least one year;
  
  
• Have been discharged from a bankruptcy and need a fresh start
  
  You need a new mortgage loan after your bankruptcy has been discharged;
  
  
• Have a tax lien or accepted "Offer in Compromise" that you want to pay off
  
  You have a tax lien you want to pay off, but the lien has caused your credit scores to drop to the point where you're not sure if you can qualify for a new loan; you have made a settlement with the IRS for a reduced amount, but need a lender that can refinance your loan to pay off the IRS;
  

Take action with Remedial Financing

In any of the above cases, a remedial financing program may be a viable option, and your transaction is handled with the utmost personal attention and confidentiality. What's crucial, however, is for you to take action towards resolving your predicament. Too often, many people wait until personal circumstances deteriorate to the point where a new mortgage loan becomes virtually impossible for us to obtain. Don't let this be you.

If you're in financial difficulty or a tough situation and need a fresh start, call me, send me an email, or inquire online. Personal consultation is free and without obligation.

		Call Toll Free In Santa Clarita	(800) 644-8829 (661) 255-9824
		Click here to Inquire Online Where We Loan