If you’re considering getting into the loan modification business, you’re probably wondering how much you can and should charge your clients. That’s a great question, and one that will ultimately determine your success as a loan modification consultant.
The simple answer is that, while fees can range anywhere from $0 to $10,000 or more, most reputable companies tend to charge Continue reading
With all of the internet mortgage lead companies out there on the internet, finding the one with the quality mortgage leads you are looking for may prove to be difficult and time consuming.
Here are a few things to look for in a mortgage lead company.
First, find out exactly how it is that they acquire their mortgage leads.
If it is quality mortgage leads that you are looking Continue reading
When it comes to buying a home, there are many different types of home loans that are available. One of these loans is called a stated income home loan. Stated income loans are very useful for people who have a hard time proving their income. This loan simple allows you to state your income in your loan application. It may sound too good to be true, but these loans are still offered by some lenders.
Stated Continue reading
Repossession is not getting possessed by something again! Now that would be some kinda bad luck. I’m talking about repossession of your most prized and treasured belongings. I had recently come across some bad luck. With the credit crunch taking its toll on lives around the island, and the loss of my job as a result, I was left at a bit of a loose end. I have recently been Continue reading
Bank of America has always been a great choice in mortgage lenders. Now, they have the ability to offer new mortgage refinancing and modification options thanks to President Obama’s housing stimulus plan. This plan will let millions of struggling homeowners get a mortgage they can actually afford. Bank of America is ready to help, and here is how.
Bank of America Continue reading
Hundreds of Thousands of American families are feeling completely debilitated due to the housing market crash. The financial burden felt by the “biggest purchase that you will ever make” can push a person to desperate measures. There is no need for desperate measures however, there are many benefits to a Legal mortgage modification process.
Are you interested in gaining the financial Continue reading
Equity release is a financial scheme which serves to get you the cash after calculation of your property value, and which can be repaid after death, in the form of the property thus mortgaged. There are basically two types of equity release mortgage plans. One is home reversion and the other is lifetime mortgages.
But the common point is that all equity release plans Continue reading
In this Free Foreclosure Tip I am going to address the adjustable rate mortgage increase and how to delay in paying it. In the past few years, whatever was agreed upon between the borrower and lender was for the most part, “carved in stone”.
However there may well be some great news for you and the lender based on the current economic situation. If the lender increases the monthly mortgage payment to an amount Continue reading
Consumer debt continues to climb each year. Clearly, Americans have a problem spending more money than they have. Debt to income ratios have been increasing significantly with consumers as incomes are declining while outstanding balances increase at a rapid pace. Over the last ten years, homeowners have been able to take out home equity loans and consolidate their credit Continue reading
Everyday home owners across the country refinance their mortgages for a variety of different reasons. The biggest reason is to consolidate high interest debt into a lower interest and lower payment loan. People also refinance to get a lower interest rate or to change over to a fixed rate loan. But many people go into the process blindly with out preparing or finding out how to get the best Continue reading