Help for Underwater Mortgage Homeowners from North Dakota Company

Freedom USA Investing, a North Dakota real estate investor company, recently launched a program for underwater mortgage homeowners that doesn’t just lower interest rate or extend mortgages, but actually reduces principal.
Oct. 6, 2012 - PRLog -- According to research firm Corelogic, as of September 12, reported second quarter negative equity homeowners at 22.3% (10.8 million properties). The real estate market has hit hard in many states leaving homeowners struggling to find solutions.

“We understand the growing problem for homeowners who are upside down on their mortgage. Our program is a better alternative than a Short Sale, Bankruptcy, or a Foreclosure. We have worked with homeowners nationwide to negotiate with their bank to reduce the principle amount of the mortgage loan.” said Thomas Banks, spokesman for Freedom USA Investing.

Unlike government programs that modify loans by extending mortgages or reducing interest rates, this program is created to reduce underwater mortgage principals.  Basically, qualified underwater mortgage homeowners could once again regain equity.

Freedom USA Investing’s hours are Monday through Friday 9am-5pm. Office phone 701-540-5055. For more information about this program please go to their website:
Email:*** Email Verified
Tags:Upside Down Mortgage, Underwater Mortgage, Negative Equity Mortgage, Refinancing, Help
Industry:Mortgage, Real Estate
Location:Fargo - North Dakota - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share