According to the latest statistics, there are three times as many foreclosures currently going on in Wisconsin as there were this time last year. This is a direct result of rate adjustments on the massive number of subprime mortgages placed in the last five years. If you or someone you know has a subprime mortgage and an upcoming rate adjustment is going to make it hard for you to make your payments, there are options. FHA has recently announced a new program which allows favorable refinance options for people who may not be able to afford their mortgage payment due to a rate adjustment.
Call me today to learn more at: 414.453.7620
Read more about the latest foreclosure statistics in this Business Journal article.
About Me
- Peter Kazaks
- Peter brings his background in residential real estate, business, and ethics to his mortgage consulting practice. A lifelong Wisconsin resident, Peter has lived in the Milwaukee area for thirteen years, and holds a law degree from Marquette University. Peter has experience running a small business, and previously worked in ethics and compliance for a Fortune 500 health care company. His knowledge of real estate and business will benefit you in securing financing for your home or investment property.