Win Win Win Properties Has a New Section on Mortgage Loan Refinancing for Homeowners Facing Possible Foreclosure

    CLEVELAND, OH, September 13, 2010 /24-7PressRelease/ -- YourHouseIntoCash.com has added a new section to its home buying website that offers homeowners facing foreclosure a new technique to help avoid foreclosure: A section on Mortgage Refinancing with information for homeowners on mortgage refinance loans.

The section has information on learning about and researching mortgage refinancing, choosing a new refinance loan, how to apply for a refinance mortgage loan and advice on what a homeowner needs to close their new refinance mortgage loan. There is also a comprehensive list of frequently asked questions and answers.

"With the current economy still not recovering, and with many homeowners and families at risk of losing their homes through foreclosure, a refinancing of a current mortgage loan can lead to lower monthly payments and may be a true method to avoid foreclosure," said Gordon Sands of Win Win Win Properties and YourHouseIntoCash.com, a leading group of real estate investors. "A homeowner can refinance their mortgage loan - and if their goal is to lower their monthly payments, as in the case of a homeowner facing foreclosure actions- the homeowner can work with their lender to discuss ways to lower the monthly payments to a level that can help the homeowner avoid foreclosure, at least long enough for the homeowner to improve their financial situation."

By refinancing a mortgage loan the homeowner is actually replacing the old mortgage with a completely new one. As such the same fees and costs paid for a new mortgage are also paid with a refinance mortgage. There is also a similar application process for a refinance mortgage loan as with an original mortgage.

Some of the benefits or refinancing a mortgage loan are to lower interest rates or monthly payments and allowing a homeowner to get out of an Adjustable Rate Mortgage if interest rates are going to rise.

Yourhouseintocash.com's mortgage refinancing section also presents situations why it would not be a good idea for a homeowner to refinance.

YourHouseIntoCash.com is run by Win Win Win Properties, Inc, and is a leading group of property buyers and sellers across the USA.

To learn more about mortgage loan refinancing, please visit our resource section at http://www.yourhouseintocash.com/mortgage-refinancing/index.html.

Please direct inquiries to:
Gordon Sands
contact(at)yourhouseintocash(dot)com

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