Thursday, March 19, 2009

Having Problems with Mortgage Payments?

We have intra-office training weekly. This week several folks representing companies who can provide help to homeowners facing financial problems met with us. Their names were:
  • Rachelle Strutz, XTRA MILE Investment Solutions
  • Steve Frandsen, Xtended Grace Mortgage Relief
While I don't usually make referrals based on initial meetings, I have to admit these folks were really impressive so here's their contact information. Both have offices in Gig Harbor.

Rachelle's phone is 360-286-1551 and you can click here for her website. Steve's phone is 253-677-0240 and you can click here for his website.

Here's how they can assist you. If you're having trouble making payments, speak with Steve first. He may be able to convince your lender or servicer to modify your monthly payment by reducing your mortgage amount, reducing your interest rate, increasing the payment term or converting you to a fixed mortgage from an interest only or adjustable rate. This step may enable you to stay in your home if that's your goal.

However, if you're having financial difficulties and you want to sell your home, then speak with Rachelle. She is an expert on the short sale process (you don't have to miss a payment for your lender to agree to a short sale).

There's no guarantee that either Steve or Rachelle can help you but I recommend giving them a call if you are having financial difficulties.

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