Need Refinancing Advice

by Lisa
(Milford, PA USA)

Ask Kate: Need Refinancing Advice Kate, can you offer refinancing advice to avoid mortgage foreclosure? My fiance got injured on his job. He has been out of work since July and collecting Workman's Compensation. But it doesn't pay enough to pay the mortgage, child support and the rest of the bills.



He has managed to last this long, but now he is facing foreclosure. His mortgage company can't help him because he isn't back to work yet. He needs another surgery before he can go back to work which could take up to another three months.

Are there any programs out there that could help him keep his home and avoid mortgage foreclosure?

Kate Answers: Need Refinancing Advice

Hi Lisa, Tell your fiance not to give up. In fact, with low mortgage interest rates, right now is a good time to pick up the phone and call your company that you make payments to.

I prepared a series of helpful articles walking homeowners through avoiding mortgage foreclosure. As Donald Trump said, the bank does not want your house back. In fact, now is the time to strike a better deal.

Use these 8 strategies to stop mortgage foreclosure.

I hope you'll come back to my website Get Your Best Mortgage Rate again in the future with more questions. Of course, all of my information is free.

So remember to bookmark Get Your Best Mortgage Rate to your favorites and visit often for up to date homeowner tips, news and advice.

You can also invite friends to comment on this page or create a page of their own like you did.

Best Wishes,

Ask Kate how to get the best mortgage rates
Ask Kate





Finding Help You Need for Refinancing

Refinancing Advice - Your opportunity to get down to earth refinance nuts and bolts from a mortgage insider.

Having trouble refinancing your mortgage due to fallen property values? Go to Special Edition Making Home Affordable Options.

USDA Rural Home Loan Refinance with no appraisal, no credit report, and no debt-to-income calculations.

Announcing Kate's Mortgage Information Planner - To save money, get your ducks in a row first.

Are you a homeowner trying to decide if Mortgage Refi is worth the cost?

How To Compare Mortgages - Yes it is enough to make anyone want to toss up their hands.

New! Ask Kate's secret to reducing mortgage refinancing costs. Home buyers should read this too!

Real Estate Investor Loans - Three options for investors.

Surprise, it's a barn! Is a Certificate Of Occupancy necessary for your home mortgage refinance?

Refinance With Cash Out - Where is my loan approval?

Save money using My Special Refinance Formula.

Fresh Refinance Ideas - Reasons why and why not to refinance.

Discover my Secrets To Refinancing based on Robin's story

Low Mortgage Payments For Home Owners - Learn how to ask questions and qualify your lender.

Don't be distracted by refinancing lingo. 10 best kept secrets to Low Mortgage Payments.

A collection of Ask Kate Refinancing Questions and Answers II.

A collection of Ask Kate Refinancing Questions and Answers I.



Return from Need Refinancing Advice to Get Your Best Mortgage Rate


Click here to add a comment.

You can also ask Kate about your mortgage at Refinancing Advice The Nuts and Bolts.

Recent Articles

  1. Kate's Mortgage Rate Report August 11: Rates Bouncing Like a Ping Pong Ball

    Aug 11, 16 10:49 AM

    Kate's mortgage rate report for the week ending August 11, 2016: Rates Bouncing Like a Ping Pong Ball
    Mortgage interest rates have been bouncing like a ping pong ball: After last Friday's strong job report began pushing up mortgage rates, the market is now hinting at a reversal, with the 30-year hover…

    Read more

  2. Ask Kate how to avoid unauthorized mortgage rate extension fees

    Aug 11, 16 10:18 AM

    Ask Kate how to avoid unauthorized mortgage rate extension fees
    Ask Kate how to avoid unauthorized mortgage rate extension fees:

    After locking in her rate, the bank sent a Texan homeowner, Laura, notification of several thousand in fees that she must pay in order…

    Read more