FACING BALLON PAYMENT MARCH OF 2015 ALREADY NOTIFIED MORTGAGE COMPANY ON NOT BEING ABLE TO MAKE FULL PAYMENT. WHAT ARE OPTIONS

Use your own cash to pay balloon payment, refinance, or sell.. In order to refinance you would need to have sufficient credit, income, work history, and acceptable equity. The required equity position will vary depending on the loan product and whether or not your willing to pay mortgage insurance.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Contact me, Dave Metsker, at 503-620-2239, for a detailed list of options.

Joel Lobb Senior Loan Officer(NMLS#57916)American Mortgage Solutions, Inc.800 Stone Creek Pkwy, Ste 7,Louisville, KY 40223 phone: (502) 905-3708 Fax: (502) 327-9119kentuckyloan@gmail.com Company ID #1364 | MB73346http://mylouisvillekentuckymortgage.com