Frequent Contributor
Posts: 409
Registered: ‎03-01-2012
Re: Reaffirming mortgage?

In all honesty - I wouldn't

 

I view reaffirming as very little to gain while giving up all of your leverage.  You've been granted a get out of jail free card.  You NEVER know what the future holds and while gamble with that??

 

If you want to see credit progress - give it time with the right lines of credit and such - you'll gain just as much as reaffirming.

 

Patience is the key in all of this.  I struggled with the same thought process and same situation.

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