There are people who had purchased their own house that had lots of dreams and the hard earned and saved money since years involved in it. And now all this seems to come like a nightmare and will be taken back by the lender or the bank or foreclosed just because of the high rate of interest on their home mortgage loan. This is something unbearable for most of these people because for them house is not just buying Continue reading
Many of the families that I have helped over the past couple of years have spent many hours telling me horror stories of their experiences with different lenders. However it was not until the last several months that I really begin to see many Connecticut mortgage lenders leaving people at the altar. When I say at the altar I mean that the friends, families and associates of both the bride and the groom Continue reading
If you are interested in buying a home and you have been giving it some thought for awhile you may be wondering how you go about getting an FHA home loan. Many consumers are hearing about the FHA insured loans and they have decided that this may very well be a great option for them. Since the 1930’s more than 30 million people have taken advantage of these loans and they Continue reading
With more than half of the UK population having more than what’s classed as “manageable debt”, it’s perhaps not surprising that bad credit mortgages are becoming more widespread. Getting onto the property market can be hard enough, but with a low credit rating it can be almost impossible, so the lenders and companies that offer bad credit mortgages are helping millions of new home Continue reading
Wouldn’t it be great to know if you qualify for a loan modification within 24 hours instead of waiting months and before you spend thousands with a law firm to help with your modification request?
Well now a proprietary software, not available to the general public until recently, is available for all to use and take the guess work out of the modification process.
This Continue reading
A loan modification is not the same thing as a refinance. Getting a refinance is just like re-buying your home. You are refinancing your current loan into a completely new one. This requires a new home appraisal and is contingent upon your current level of equity. A loan modification takes one or more aspects of your current loan and changes it so that you are able to make the payments. It is your same loan, Continue reading
Homeowners should take advantage of President Obama’s “Making Home Affordable Plan” and get a mortgage refinancing or modification into a fixed rate 4% home loan. This plan is designed to help homeowners save money, and millions of homeowners can use this plan and easily save hundreds of dollars every month by refinancing or getting a loan modification with Obama’s plan. Continue reading
Life wouldn’t be exactly exciting if our eyes have been denied to see various colors. Can you just imagine if our lives would be like scenes in a black and white movie? Everything would be so bland that you wouldn’t know whether the grasses in the lawn are healthy or that shy girl just blushed. You can’t even regale at the princess’ bright red dress or the knight preening his new blue Continue reading
There is so much information and misinformation out there about Obama’s loan modification plan. Homeowners are confused and that is too bad because we finally have a plan that has standard guidelines and standard terms. This should mean that it is easier to understand and apply for a loan workout. It also should mean that more homeowners are getting help-but is that really happening?
Before you even Continue reading
The Federal Government is considering extending and expanding the current $8,000 first time home buyer tax credit. This is certainly great news for home buyers when the current mortgage rates historically low.
Robert Gibbs said the administration will soon make a recommendation to the President concerning extending and expanding the current tax credit. It is rumored one of the proposals being debated Continue reading