Mortgage Attorney Gainesville
Our Gainesville real estate law firm handles all mortgage-related matters, including loan closings, disputes with your mortgage company, short sales, modifications, and refinances. When you need assistance with a matter related to mortgages, you want a mortgage attorney who can provide support, guidance, and legal advice throughout the entire process. Our Gainesville mortgage attorney, Mr. McMurray, worked as a Mortgage Loan Officer before attending law school. Therefore, you are receiving advice and support from an attorney who has insider experience.
You can contact our office by calling (888) 316-2131 to discuss your mortgage-related matters with our Gainesville mortgage attorney.
Are You Purchasing Real Estate or Refinancing Your Current Mortgage?
For most people, purchasing residential property or commercial property also means applying for a mortgage loan. When you use a mortgage loan to pay for real property, the lender requires that you retain a real estate closing attorney to handle the mortgage closing. Our Gainesville mortgage attorney handles all types of loan closings, including commercial loan closings and residential loan closings. Attorney McMurray uses the experience he gained from working as a loan officer to enhance his ability to represent the legal rights of his clients as their mortgage attorney.
Whether you are purchasing a new home, commercial property, vacation home, or other Florida real estate, we can handle all matters related to the mortgage closing. Our Gainesville real estate law firm also handles closings for refinances, second mortgages, and equity lines. You can trust that you are receiving exceptional service and attention to detail.
Because our real estate attorney understands what the bank or mortgage lender needs and requires from the unique perspective of working as a loan officer, our firm avoids many of the mistakes and delays that can be time-consuming and costly for clients who simply want to close on the mortgage loan quickly and efficiently.
Call (888) 316-2131 to discuss how we can make the mortgage loan closing process less stressful for you.
Trusted Help When You Cannot Pay Your Mortgage
Anyone can experience a financial crisis that makes it difficult, if not impossible, to pay mortgage payments. Unfortunately, mortgage lenders do not have any sympathy or understanding when a borrower cannot pay the monthly mortgage payments. The lender may send letters, call the borrower, and threaten legal action for several months. However, the lender eventually begins the legal process of foreclosing the mortgage.
Our Gainesville mortgage attorney can review your options with you to determine the best course of action for you and your family if you cannot afford your mortgage payments. In some cases, a bankruptcy filing or mortgage modification can help you keep your home. If you do not want to keep your home, our Gainesville mortgage attorney can also help you explore options for mortgage debt relief.
Options that may be available if you are struggling to pay your m mortgage payments include:
Loan Modification Agreements — In some cases, your mortgage lender may agree to modify the terms of your current mortgage to make the monthly payments affordable for you. A mortgage modification permanently modifies the terms of the original loan agreement to lower the monthly payments. Some lenders may agree to lower the interest rate, extend the term of the loan note, or forgive a portion of the balanced owed.
Mortgage Loan Forbearance — If your financial hardship is short-term, your mortgage company may agree to suspend your mortgage payments for a few months. A forbearance agreement suspends the mortgage payments, but it does not change the terms of the original note, nor does it forgive a portion of the debt.
Defending a Foreclosure Action — In some cases, a borrower may have a valid legal defense to a foreclosure action. It is always best to consult a Gainesville mortgage attorney to explore your options regarding a foreclosure lawsuit instead of ignoring the lawsuit. Your attorney may be able to negotiate a short sale or Deed in Lieu of foreclosure to avoid an actual foreclosure order.
Short Sales — In a short sale, the mortgage company agrees to accept an amount that is less than the mortgage payoff to release the property from the mortgage. A short sale can avoid foreclosure by allowing you to sell your home to another party for less than you owe on the mortgage. However, you need the assistance of a Gainesville mortgage attorney to negotiate the terms of the short sale. You do not want to be liable for the remaining balance owed on the account after the short sale is complete.
Filing Bankruptcy — Filing bankruptcy immediately stops a foreclosure action. With a Chapter 13 repayment plan, you can keep your home by catching up the past due amount through the bankruptcy plan. Even if you want to surrender the property to the mortgage company, filing a Chapter 7 or Chapter 13 bankruptcy case can prevent the lender from seeking a personal judgment against you for any money owed on the account after the property is sold through a foreclosure sale.
Call (888) 316-2131 to schedule an appointment with our Gainesville mortgage attorney to discuss your options if you cannot afford to pay your mortgage payments.
Problems with Your Mortgage Company
You may need a mortgage attorney in Gainesville if you are making your mortgage payments, but the lender is not processing the payments correctly. It can be very frustrating trying to deal with a large mortgage company that does not want to provide straightforward answers to your questions. If your mortgage company or a loan servicing company is not answering your questions, we can help.
Some of the mortgage issues that our office handles include:
Failing to apply mortgage payments correctly;
Incorrectly calculating an adjustable rate mortgage;
Failing to apply escrow payments correctly or failing to calculate escrow payments correctly;
Being charged fees you do not owe; and,
Incorrect balances on mortgage accounts.
Call Our Gainesville Mortgage Attorney Now for Help
Contact our Florida real estate law firm by calling (888) 316-2131 to speak to our Gainesville mortgage attorney about your mortgage-related matters.
About Gainesville, FL
The City of Gainesville is located in the northern section of the state in Alachua County. The area was settled around 1854, but the city was not officially incorporated until 1869. With a population of about 131,591, Gainesville is a fairly large city. Gainesville offers a variety of arts, entertainment, sports, and recreational venues for residents and visitors. With easy access to major cities in the southeastern U.S. through the Gainesville Regional Airport, the city is a favorite destination for visitors who enjoy being in a larger metro area that is still close to the Gulf Coast and regional attractions.