Refinance Florida Mortgage To PayOff “FINAL JUDGMENT”

Refinance Florida Mortgage To PayOff “FINAL JUDGMENT”

Yes, You Can refinance my mortgage in Florida to payoff default of the final judgment? Yes, you can often use a cash-out mortgage refinance in Florida to pay off a final judgment from a mortgage default, but you need sufficient home equity and must qualify with a bad credit Florida mortgage lender who handles higher-risk loans, often at higher rates; this process converts the judgment into your primary mortgage, potentially saving on penalties but requiring good credit and property value.

Refinance Florida Judgments With No Tax Returns:

• No Doc, No W2, No Tax Return = OK       Bank Statement Deposits = OK           Jumbo No Tax Returns = OK
• Home Loan No Tax Returns =OK               1099 mortgage Lenders = OK              3 Months Bank Statement = OK
• Self-Employed Less than 1 year = OK        VOE Only Mortgage  = OK                   Asset Depletion = OK
• ITIN No Tax return mortgage = OK           Nonresident No Tax Return = OK     Pledged Assets = OK
• Asset Depletion or Pledged = OK              Business Profit Loss = OK                    DSCR Rental Income = OK

Refinance Mortgage In Florida To Pay Off  “FINAL JUDGMENT”

This action was heard by the Florida Court after entry of default against the Defendant and IT IS ADJUDGED that the Plaintiff, as subrogee of, shall have and recover from the Defendant, the sum of $12510,225.85, $1,551.20 as prejudgment interest, with costs of $258541.00, all ofwhich shall bear interest at the rate of 18.65% for all of which let execution issue.

Refinance “DEFAULT FINAL JUDGMENT” In Florida 

0 Refinance Default Final Judgment

Refinance To Payoff “FINAL JUDGMENT” In Florida 

Check Your Equity: Determine your Florida home’s current market value and subtract your primary mortgage balance and all judgments to determine if you have enough equity in your home.
Check Your Equity: Determine your home’s current market value and subtract your primary mortgage balance and all other liens against your home.
Check Your Equity Example: To check your Florida home’s equity, take your home’s current estimated market value (from appraisal or estimates) and subtract all debts secured by the home, like your primary mortgage and HELOC, to find the equity amount. For example, you estimate your homes value at $400k  minus a $200k mortgage equals $200k equity. You can also calculate your equity percentage by dividing the equity by the home’s value ( $200k payoffs / $400k estimated value = 50%). 

CashOut Refinance Home Equity Formula

1. Calculate Your Equity Amount:
   • Current Home Value – Total Mortgage Balance = Home Equity Amount.
2. How To Calculate Your Home Equity Percentage:
   • (Home Equity Amount ÷ Current Home Value) x 100 = Home Equity Percentage
Apply NOW: Speak with mortgage brokers specializing in complex or “911” type refinances who work with distressed properties.

Cash Out Refinance To Payoff “FINAL JUDGMENT” In Florida 

How To Refinance A Mortgage In Florida To Pay Off A Judgment 

Apply NOW: Speak with mortgage brokers specializing in complex or “911” type refinances who work with distressed properties.
Cash-Out Refinance Florida Mortgage: You get a new, larger mortgage on your Florida home, and the extra cash from the loan pays off the final judgment.
Pay Off Liens: This method allows you to clear delinquent property taxes, HOA liens, or other judgments against your property by rolling them into your mortgage.
Lender Requirements: Lenders taking on this risk might charge higher interest rates or fees.
Things To  Consider
Home Equity: You must have enough equity in your home to cover the judgment amount, plus the new loan’s costs.
Qualification: Lenders assess your credit and debt-to-income ratio, even with past defaults, to see if you qualify.
Interest Rates: Be prepared for potentially higher interest rates and closing costs due to the increased risk.
Legal Advice: A cash-out refinance can stop further collection actions, but it’s wise to consult a real estate attorney to understand the specifics of your judgment and the process.
Next Steps

Hard Money Florida Mortgage Refinance Options Include:

• Refinance Florida Lis Pendens –
• Refinance Florida Claim of lien –
• Refinance To Pay Florida Tax Lien –
• Refinance Florida Code Violations –
• Refinance Florida Final Judgment –
• Buy-Out-Florida Mortgage Refinance
• Refinance Florida Department of Revenue Warrant
• Stop Foreclosure Florida Mortgage Lenders

Refinancing Florida Judgment Properties Include:

• Single-family home – No Tax Return, Florida Mortgage Lenders
• Luxury Jumbo – No Tax Return Florida Mortgage Lenders  
• Townhouse- No Tax Return, Florida Mortgage lenders 
• Manufactured home – No Tax Return, Florida Mortgage Lenders  
• Co-op – No Tax return, Florida Mortgage Lenders 
• Condotel  – No Tax Return Florida Mortgage Lenders 
• Investor Loans- No Tax Return, Florida Mortgage Lenders 
• Commercial – No Tax Return Florida Mortgage Lenders

REFINANCE DEFAULT FINAL JUDGMENT

THIS CAUSE came before the Court on Plaintiff’s Motion for Default Final Judgment, noting that
Defendant(s) were served and failed to appear for the Pre-trial Hearing, and hereby
ORDERS AND ADJUDGES that Plaintiff, whose address is , shall recover from Defendant(s),, Social Security # the sum of $2544,733.37 in principal, with costs in the sum of $362.50; for a total of $5,095.87, that shall bear interest at the prevailing statutory interest rate of 8.65% per year from this date until the judgment is paid, the interest
rate will adjust in accordance with section 55.03, Florida Statutes. FOR ALL OF WHICH LEТ
EXECUTION ISSUE.
IT IS FURTHER ORDERED AND ADJUDGED: The Defendant shall complete the Florida Small Claims
Rules Form 7.343 (Fact Information Sheet) and return it to the plaintiff’s attorney, within 45 days from
the date of this Judgment, unless the Judgment is satisfied or a motion for new trial or notice of appeal
is filed. The Defendant should NOT file the completed form 7.343 with the court. Jurisdiction of this
case is retained to enter further orders that are proper to compel the Defendant(s) to complete form
7.343 and return it to the plaintiff’s attorney. Pursuant to Rule 2.516(h)(1), the Court hereby orders counsel to furnish copies of this Order/Judgment to any party who does not have an email address shown on this document

The 2025 Florida Statutes Title VI CIVIL PRACTICE AND PROCEDURE Chapter 55 JUDGMENTS

55.03 Judgments; rate of interest, generally.—The interest rate for Florida judgments is established at the time a judgment is obtained and such interest rate shall be adjusted annually on January 1 of each year in accordance with the interest rate in effect on that date as set by the Florida Chief Financial Officer until the judgment is paid, except for judgments entered by the clerk of the court pursuant to ss. 55.141, 61.14, 938.29, and 938.30, which shall not be adjusted annually.