Phone: (407) 497-
The Orlando Foreclosure Attorney
133 W Robinson St
Orlando, Florida 32801
Foreclosure Attorney C.W. Franklin
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133 W Robinson St. Orlando FL, 32801
All initial consultations are completely free and we can contact the same or following business day.
There is a delicate time when you stop making your mortgage payments but the lender has not yet filed a lawsuit against you. This time should be used to work out a plan with your lender if you are planning on keeping your home.
HARP aka the Home Affordable Refinance Program is meant to help homeowners refinance their homes when they are having trouble financing them. HARP is only for loans that are backed by Freddie Mac or Fannie Mae. You may be able to refinance through HARP even if the current market value of your home has dropped. Refinancing may help by switching your interest rate from a variable to a fixed rate, drop your interest rate, or even reduce your monthly payments.
To qualify for HARP assistance:
For Fannie Mae loan look up visit: https://www.knowyouroptions.com/loanlookup
For Freddie Mac loan look up: https://ww3.freddiemac.com/loanlookup/
For more information and to see if you qualify for HARP visit: http://www.makinghomeaffordable.gov/programs/lower-
If you have any equity in the home and you have good credit, you may be able to refinance the home with the same or another lender. This is where you take out a new loan that pays off the old loan that you were falling behind on. You may be able to get a lower interest rate with a lower monthly payment by doing so. To start this process, just apply for the loan through your current lender or any other one that you want. This option is usually only available if you have equity in the home.
You don't have to qualify for any government programs to get a permanent loan modification. The best time to attempt to get a loan mod is before you ever miss a payment. Gather your documentation about your finances and contact the lender's loan mediation center. You should be assigned to one person who will work with you so you don't have to keep explaining your situation over and over. If you still have difficulty with this you can locate a HUD approved councilor that may be able to help. (This should be a free service) Visit http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm to find a HUD approved councilor near you. A HUD councilor should be able to answer any questions you may have and even help you negotiate with your lender.
IF you qualify for the Home Affordable Modification Program (HAMP) you may be able to permanently reduce your monthly payments to only 31% of your gross income. This is perfect for someone who has lost their job but found another that pays less.
To qualify for HAMP:
For instruction on applying for HAMP visit: http://www.makinghomeaffordable.gov/programs/lower-
This is where your lender or loan servicer agrees ahead of time to let you make partial payments or miss payments for a certain period of time. This is ideal if you have taken a temporary financial hit but know you will be recovering soon. The lender will require you to make back payments when your normal payments resume.
When you miss a payment or two without notifying the lender they can usually set you up with a payment plan to get your loan back on track. You will make the payments you missed by having them spread out over a certain period of time. You will have to pay the insurance, taxes, and interest that was missed during the none payment period.
Created by Attorney Michael Stites & contributing editor Jared Speck
Refinance Without Government Help
Loan Forbearance (Temporary Fix)
We break down foreclosure procedures into simple to understand terms. Begin here to learn basic steps in foreclosure and what you might be able to do to stop it.
Here is what to do if you have been served a foreclosure summons. Your 3 options are: Hire an attorney, respond yourself, do nothing. In Florida you only have 20 to respond.
If you have been served with a foreclosure summons there can be serious benefits to hiring an attorney. However depending on your goals, you may be better off going without one.
Answer 3 quick questions to see if you have a foreclosure defense case.
Consults are free, even if you are asking general foreclosure questions.