6.25 offer to refinance from my lender
I am in search of Mortgage Assistance to help with my current mortgage loan. My lender has offered a modification with interest rate of 6.25% which is not helping my situation much. I entered a trial modification which was completed successfully but it was very difficult. I am in the State of OHIO and would appreciate any information you have that can help me keep my home. I have read that some programs can work with your monthly income by keeping your payment within 31%. I went through a divorce in 2007-2008 and was a full time stay at home mom at the time for 11 years. It has just taken time to make financial gains but the large monthly payment was a huge set back.
Any help you can provide will be appreciated, as 6.25% doesn't seem right.