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Bookmark or Share- What Is an Underwater Mortgage and What Are Your Options?An underwater mortgage means you owe more on your home than it's worth. If this happens to you, don't panic. We'll walk you through your options.
- Underwater Mortgage: What To Do - BankrateWhen you owe more on your mortgage than your house is worth, the loan is referred to as 'underwater,' or in a state of negative equity. Having an underwater mortgage makes it harder to sell the...
- Underwater mortgage: know your options - ConsumerAffairsDeclining home values or falling behind on mortgage payments can lead to an underwater mortgage. Refinancing, short selling or staying put and waiting out the market are all options if your...
- Underwater Mortgage: Everything To Know | Quicken LoansWhat Is An Underwater Mortgage? An underwater mortgage, sometimes referred to as an upside-down mortgage, occurs when you owe more on your mortgage than what the property is worth. In this situation, you have negative equity.
- Underwater Mortgage? Know Your OptionsAn underwater mortgage, sometimes called an upside-down mortgage, is a home loan with a higher principal than the home is worth. This happens when property values fall but you still need to repay the original balance of your loan.
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