Mortgage interest rates continue to stay low, causing mortgage companies to expect a rise in new mortgage applications. However, that isn’t happening, at least right now. It seems that for whatever reason, many people want to stay in their current …Read More
Are you having difficulty making your mortgage payments? Are you experiencing a financial hardship? Do you worry that you will lose your home to foreclosure? Are you interested in learning what your options are? Financial situations can change, sometimes unexpectedly. …Read More
Not everyone who applies for a mortgage modification will get approved. Further, not everyone who gets approved for a mortgage modification will get their monthly payment reduced. If there is a company or a person who promises or guarantees a lower monthly payment, do not trust them. Read More
If you decide to hire a professional to complete your mortgage modification application, you should research and choose carefully. Unfortunately, many homeowners have fallen prey to a loan or mortgage modification scam. To protect yourself and your home, make sure …Read More
If you are considering applying for a mortgage modification, you may wonder if your application will be approved. The only way to know if your application will be approved is to apply for one. There is no way to guarantee …Read More
If you are looking into whether a mortgage or loan modification is right for you, you may be wondering how they work. If you are approved for one, a loan modification could possibly lower your mortgage payment. At the very …Read More
If you applied for a mortgage or loan modification, but were denied, you still may have options. You may be able to appeal the denial. However, if you choose to appeal the denial, you must act quickly. Most mortgage companies …Read More
Not everyone qualifies for a mortgage or loan modification. However, if you are behind on your mortgage payments, and you do qualify, there are many benefits to a mortgage modification. Your monthly payment may be lowered if you qualify for …Read More
You probably know that if you miss a mortgage payment, your mortgage will enter into default. If your mortgage is in default, then this can lead to foreclosure. But what does mortgage default mean, and how will it affect you? …Read More
Due to current market conditions, mortgage companies have started offering loans that are considered “risky” because they are different from conventional or traditional loans. They do not follow the regulations of the Consumer Financial Protection Bureau. This may lead to …Read More