|
|
Review 4/3/2011
|
In 2006 my wife and I refinanced our home. We pulled a little cash out to fix it up then planned on selling and relocating, we had plenty of equity left or so we thought. Our new loan was fixed for 10 years at 7.5%. After 10 years we had agreed to a balloon payment,accompanied with a adjustable rate. We thought we would be long gone before that ever happened. As it turned out we didn’t relocate and the economy and our equity plummeted.
As the ten year dead line approached we knew we had to do something. We turned to Sobak Financial. We had heard a few good things about loan modifications and Mr. Sobak. When we first met with Tony he explained to us in detail the process and letting us know it wasn’t going to be instant but would take some time to complete. It took Sobak financial a little over 6 months to complete our loan mod’ but when they did it was worth it. Our new loan is at 3% fixed. Our monthly payment dropped from $1878 per month to $1100 per month. We couldn’t be happier with how it all turned out. Based on our outcome we would personally recommend Sobak Financial to anyone looking to get a loan modification.
|
|
|
|
|
|
|
|