2nd Mortgage Settlement

It’s almost the year end and from our experience this is the best time to submit 2nd lien settlement offers to the servicers. If you’re struggling to pay your mortgages or if settling your 2nd mortgage will produce other benefits, this may be something worth exploring. We have seen investors settle for as little as 10-30% of the unpaid principle balance. This could be a huge move for anyone who could benefit by no longer having a 2nd mortgage on their property. Contact us for more information on how to explore this option and to see if you are a good candidate.

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