Many people don't realize it, but there are literally hundreds of lenders that will allow you to refinance, even when you are in foreclosure. These lenders provide loans to families in need and can help you today, regardless of your credit.

There are three types of loans that can help you refinance out of foreclosure:

Traditional Refinance
If you are less than 90 days late, you have equity, and the rest of your credit is decent, you may still qualify for a traditional refinance. With a traditional refinance, your credit score will generally need to be above 550 and you will need to have at least 10% equity.

Hard Money Refinance
This is very similar to a traditional refinance; however, your credit will not be a deciding factor. You will only be approved if you can afford the monthly payment and you will need 35% equity in your property. Hard Money Loans are not easy to find, so if you think you qualify, we recommend completing the form on the left and using our free membership to find a hard money lender.

Private Money Refinance
A Private Money Refinance is exactly like a Hard Money Refinance, but it is with a private individual, rather than a bank or lender. Generally, you will need a minimum of 20% equity and we have seen rates as low as 7% with a private money refinance. Even if you don't have enough equity, we have seen lenders agree to a reduced payoff amount to allow a refinance, so fill out our form and find out if a private money refinance will work for you.

Many homes are unnecessarily lost, because homeowners didn't think they qualified for a refinance. Just because you've been turned down in the past, doesn't mean we can't get you approved. Please complete our free evaluation and we will send you all the available options to stop foreclosure, along with our free ebook and a membership to our full website.