We have all heard about a mortgage refinance; but what is a second mortgage refinance? Is it possible to take out a second mortgage on your home and refinance it? Often homeowners take out a mortgage after making many plans. Their plans do not work out, and there is often a need for more funds. Alternatively, there could be a debt crisis. Here a second mortgage can be of great help. The first one is repaid, Continue reading
Buying a house is fun and also stressful. Individuals can enjoy checking out different types of houses. Individuals can also properly find the ideal house that can cater to their needs. Meanwhile, choosing houses is also stressful since you need to thoroughly decide which house you should purchase. You also need to invest in time and effort to promptly choose a house. Finally, you must have sufficient Continue reading
$200,000 housing loan for $425.00! Offers of a ‘low mortgage payment’ are in the ads that you notice day and night. You need to decide whether the claims are true or not, as the old proverb goes – If it sounds to good to be true, it probably is.
I speak with many clients, who are considering purchasing a home, through my job as a housing counselor for Family Life Credit Services. They often ask me about Continue reading
The current credit crisis has impacted multiple sectors of our financial economy. Home foreclosures are on the rise. Credit-worthy consumers struggle to secure mortgages. Investment banks are brought to their knees. Foreign and domestic stock markets experience gut-wrenching volatility. The Federal Reserve is forced to take historical steps to maintain liquidity. And the list goes on.
In an effort Continue reading
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