Mortgage Attorney Ocala
Our law firm handles all matters related to mortgages. Whether you need an attorney to handle the closing of a new mortgage or you are unable to pay the monthly payments for your current mortgage, we can help. Mr. McMurray was a Mortgage Loan Officer before going to law school. Therefore, he understands the entire process of mortgage lending from assisting a client through the mortgage loan process to defending a client against a mortgage foreclosure.
If you are applying for a new loan or you need assistance with your current loan, call (888) 316-2131 to discuss your situation with our Ocala mortgage attorney.
Helping Property Owners Deal with Their Mortgage Issues
Our clients contact our office to discuss issues related to their mortgages. Even though we handle all mortgage matters, most issues fall into one of three categories — obtaining a new mortgage, issues with a mortgage company, unable to pay mortgage payments.
Obtaining a New Mortgage
If you are applying for a mortgage to purchase a new home or commercial property or you are interested in a second mortgage or equity line, our Ocala mortgage attorney can help. Because he was a successful Mortgage Loan Officer before attending law school, he understands the process and the potential issues that can arise during the application phase and loan processing phase of qualifying for a new mortgage. If you have questions that your lender will not answer, we invite you to contact our office. We can help you understand the process and represent you during the closing of the mortgage.
Problems with Your Mortgage Company
Problems with a mortgage company can be stressful and frustrating. Because many companies play “bounce the phone call” to as many extensions as possible, it can be difficult to locate a person who is willing to listen to your complaint and offer assistance to resolve your complaint. When your mortgage account is transferred to a servicing company, it can be even more difficult to get answers to your questions.
If you believe you are being charged illegal fees, your payments are not being processed correctly, the interest rate on your adjustable rate mortgage was calculated incorrectly, or your escrow account has been mishandled, we can help. Our law firm handles all matters related to mortgage problems. Just call to get more information from our Ocala mortgage attorney.
Problems Paying Mortgage Payments
In addition to representing clients during loan closings, our law firm handles a significant number of cases involving foreclosures, short sales, loan modifications, forbearances, and bankruptcies. It can be difficult to know what you need to do when you are unable to pay your mortgage payments. We understand that you are in a difficult position and you want to do what is best for your family.
The good news is that you may have more than one option for dealing with a financial crisis that has caused you to get behind on your mortgage payments. Because of his experience as a loan officer, real estate lawyer, and bankruptcy attorney, Attorney McMurray can help you explore a variety of options to help you catch up your mortgage payments or get out of your mortgage with the least damage to your financial well-being.
Some of the options that you might want to consider include:
- Foreclosure Defense — Mortgage companies make mistakes. In some cases, the problem could be the fault of the mortgage company. You may have one or more valid defenses to the foreclosure complaint. You need to explore your legal options before you assume there is nothing that can be done to stop a foreclosure.
- Chapter 13 Bankruptcy — If you are behind on your mortgage payments, you can stop a foreclosure and keep your home by filing Chapter 13. You can also get rid of the other debts you owe through the bankruptcy filing.
- Loan Modification — In some cases, homeowners may qualify for a loan modification. With a loan modification, the lender agrees to modify the terms of the loan to make it more affordable for the homeowner. In many cases, the homeowner receives a lower monthly payment and is allowed to keep the home.
- Forbearance Agreements — If the financial crisis is short-term and you expect to have the income to resume mortgage payments soon, the mortgage company may agree to a forbearance. A forbearance agreement does not change the terms of the loan, but it does place the payments on “hold” for a few months to permit you to get back on your feet financially.
Short Sales — To avoid a foreclosure, a lender may agree to a short sale. With a short sale, your home is sold for less than is owed to the mortgage company, but the mortgage company agrees to accept a lower payment to satisfy the loan in full. You want an Ocala mortgage attorney involved in the short sale negotiations to ensure that forgiveness of the “entire debt” is included in the agreement.
In addition to the above solutions, there may be many more options for resolving a problem with mortgage debt. The key is to work with an Ocala mortgage attorney who has experience in all areas of the law that relate to mortgages and loans.
Call Our Ocala Mortgage Attorney Now for Help
If you have any issues related to your mortgage, don't wait until you are facing a foreclosure, call now! Call (888) 316-2131 to schedule an appointment with our Ocala mortgage attorney.
About Ocala, FL
Ocala is in Marion County in the central part of Florida. With a population of approximately 59,253, the city continues to grow and thrive with a vibrant downtown and nearby visitor attractions. Fort King National Historic Park is just east of downtown Ocala. Many residents and tourists love visiting Silver Springs State Park, which is also the gateway to the Ocala National Forest.
The Ocala Historic District has structures listed on the National Register of Historic Places, including the Coca-Cola Building, the Ritz Historic Inn, and Union Train Station. With properties in Marion County continuing to develop, there are many opportunities for real estate investment in and around Ocala. Our Ocala mortgage attorneys are proud to serve clients in Ocala and throughout Marion County.