Just received a settlement check and want to lower our monthly mortgage payments. There is a possibility I’ll be on a fixed income that will be lower than what I was making at my job so we will need a lower payment. We are roughly 6 years into our 30 year FHA loan with the balance at roughly 120.000. Is re financing the only the only way to to lower our payment? Any tips or starting points would be greatly appreciated. Thank you in advance.
Submitted April 22, 2020 at 10:11PM by thebestestofthebest https://ift.tt/3eJen7v