Most Efficient Way to Pay Off Mortgage after a Loan Modification

Most Efficient Way to Pay Off Mortgage after a Loan Modification. Beware of Mortgage Modification Scammers

Most Efficient Way to Pay Off Mortgage after a Loan Modification video duration 10 Minute(s) 15 Second(s), published by Real Estate Investing Unmasked on 08 01 2019 - 01:32:40.

A viewer reached out to me for advice on how to pay off their mortgage as fast as possible, even though they had just modified their mortgage a few years ago Facing Foreclosure, Upside Down Mortgage, Loan Modification Denied, Can't Afford Mortgage Payments?? Get Powerful solutions to challenge if the mortgage .

Two days ago (December 10), the local news here in Los Angeles, CA had reported that LAPD detectives had made arrests in connection with loan modification . One Stop Fraud Research! This channel is designed for the sole purpose in assistance to the people wronged and who need to do their own research.

A viewer reached out to me for advice on how to pay off their mortgage as fast as possible, even though they had just modified their mortgage a few years ago. They're now trying to live a debt free lifestyle and want the mortgage gone. There are some issues, though. The bank, when they modified the loan, split the mortgage into 2 loans. One loan will balloon once they pay off the interest bearing loan. The loan that is foreborn is at 0% interest and the loan they are making payments on is at approx. 4.75% interest.

Of course I changed the numbers to protect the innocent and never referred to their names or location. I am not a financial adviser and this is not financial advice, but rather a way to explore the options available from an investor's perspective. If you find yourself in a situation where you want or need financial advice, seek a professional whose expertise fulfills your need.

On that note, I love helping answer others' questions regardless of whether it is on loans, mortgages, or paying off their house as soon as possible. I have owned multiple properties out right and know first hand the relief that one gets when the property is paid off. Don't forget to subscribe to see my latest rehab when I sell it.