With the refinance loan on the same property you can easily avail a fixed interest rate.

va home loans florida your best rate mortgage home refinancing with no closing costs

Typically, a foreclosure will cost more to the lender with respect to a refinancing program short.
Interest rates make a refinance home loan attractive to borrowers in a financial bind.

That is why it becomes important for you to find a lender willing to do business at a lower rate.

But if you're willing to take the time to dig a little deeper into the subject, you might be surprised at the number of offers and frankly very viable and attractive options.

Louie Latour specializes in showing homeowners how to avoid costly mistakes and predatory mortgage lenders.