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Updated over 13 years ago on . Most recent reply

Alex Reidy's profile image
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Alex Reidy
  • Homeowner
  • from WILMINGTON, DE
  • Member since Nov 15, 2009
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Alex Reidy's profile image
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Alex Reidy
  • Homeowner
  • from WILMINGTON, DE
  • Member since Nov 15, 2009
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Alex Reidy
  • Homeowner
  • WILMINGTON, DE
0
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Private Lending & Conventional Mortgage Advice

HOW TO LOWER MORTGAGE WITH NEGATIVE EQUITY

Alex Reidy
  • Homeowner
  • WILMINGTON, DE
Posted

i currently owe more than my house is worth. i would like to refinance to lower my monthly payments. is there any way to do so? i bought for 6 years ago for 138k, owe 124k and house is worth about 120k maybe less. current mortgage is 1100 5.25% 30 yr conventional loan. would like to

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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Just bring a large sum of cash to lower your mortgage and you will reduce your debt and create some equity. Problem solved!!

  • Curt Davis
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