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Do you have a Jumbo mortgage?
Is the current loan balance greater than $500K?
Is the current market value of the property less than $500K?
Are you falling 60 days or more late on payments?
New program is being offered by a private lender.
It is possible to get a new loan reflecting the current market value.
Major factor in qualifying is showing you have sufficient income to cover the new, lower payments.
For initial information contact poster putting code U1B1107 in reply.
Poster is not lender and cannot provide details of loan.
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