Understanding The New Loan Modification Program

Posted January 18, 2011 – 8:42 am in: Loans

The federal’s Making Home Affordable (MHA) program helps folks dealing with foreclosures. It has two main programs: the Home Affordable Refinance Program (HARP), designed to assist homeowners who are current on their mortgage payments but owe in excess of their homes are worth, and the Home Affordable Modification Program (HAMP), intended to scale back monthly mortgage payments so householders will still keep their homes.

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What You Should Do If You Can’t Pay Your Mortgage

Posted June 29, 2010 – 3:29 pm in: Mortgage

What if you can’t pay your mortgage?

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Solutions To Foreclosure

Posted June 21, 2010 – 2:01 pm in: Mortgage

Three universal options for foreclosure are loan reinstatement, a forbearance agreement, or a loan modification. Though there can be numerous other particular techniques to stop foreclosures, these three are utilized frequently.

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Clearing A Mortgage Early By Using Offset Mortgages

Posted February 2, 2010 – 10:44 pm in: Loans

Knocking off a few months on your mortgage, or even a year or more, usually isn’t possible if you have already exhausted your budget in order to pay off your mortgage. But some types of mortgages seek to gain you a return based on your savings- something the offset mortgage is famous for.

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How much debt is too much when you want to apply for a home loan?

Posted November 21, 2009 – 4:15 am in: Personal Finance

I would like to apply for a home loan, but I have some credit card debt. I have good credit – never missed a payment, never been late, etc. I just don’t know if having credit card debt will cause me to be declined.

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No Credit Check Loans

Posted October 17, 2009 – 2:09 pm in: Loans

No credit check loans are easier than one may think to obtain. For those of you with bad credit this may be the only type of loan that you will be able to get. You can get no credit check loans and rebuild your credit at the same time by paying it one time, every time. With these types of loans, bad credit does not affect your chances of getting the loan, nor does it hurt your credit rating as most of the time they are not reported to the credit agencies. These types of unsecured loans are a great way of getting your credit re-established.

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What Can You Afford to Pay for a House?

Posted October 16, 2009 – 9:56 am in: Mortgage

Before you even think about shopping for a home, you should decide how much you can afford to pay for it. Many prospective home buyers fail to do this and spend countless hours looking at homes that are way out of their price range.

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Simplify Your Life With Credit Repair

Posted September 29, 2009 – 6:50 am in: Loans

Having poor credit can be as stressful as a debilitating disease, because we need credit in the way the world works today. Credit repair can make your life stress free, if you’ve had financial and credit problems.

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