Learn How to Pay Back Your Pub Mortgage

Learn How to Pay Back Your Pub MortgageUnable to repay your pub mortgage? Are you thinking of a foreclosure? If you haven’t heard of unenforceable credit agreement try to understand it now. If a lender has provided you loan with out proper documentation you stand a chance to take benefit of an unenforceable agreement. Meaning, you don’t have to pay the balance dues on your pub to the lender. He can’t claim any dues from you as the agreement gets canceled Continue reading Learn How to Pay Back Your Pub Mortgage

Feds Cut Rate

Feds Cut RateIn January 2008 the Federal Reserve with Ben Bernanke at the helm cut interest rates to 3.5% from 4.25%. This was the greatest reduction in rates since 1990. Since 2001 this was the first time that funds rates were changed between meetings. The cut came after concerns were voiced about the weakening economy. Yet, Wall Street took a hit in spite of this.

The cut in rates was approved Continue reading Feds Cut Rate

Role of Mortgage Advisor

Role of Mortgage AdvisorSearch for a genuine lender who will give you money, regardless if you sign property papers or not. Many lenders and companies are there to give this facility of loans to the borrowers. This can be taken from those who have sound equity in a property.

You can hire a mortgage advisor for your convenience. A convincing solicitor is a person who has a specialty in mortgage advising. This process is a bit time-consuming Continue reading Role of Mortgage Advisor

Pre-Approved VA Mortgage Loans: How to Maximize Loan Approval Chances

Pre-Approved VA Mortgage Loans: How to Maximize Loan Approval ChancesThere are huge benefits to getting a mortgage loan from the VA rather than from regular lenders, but the benefits increase even more when getting a pre-approved VA mortgage loan.

A pre-approved loan provides that extra degree of empowerment when negotiating the purchase of a new home. And added to the savings made by getting a government subsidized loan, it makes the whole deal extremely Continue reading Pre-Approved VA Mortgage Loans: How to Maximize Loan Approval Chances

How Do You Know If You Have a Good Mortgage Broker?

How Do You Know If You Have a Good Mortgage Broker?1. Your broker should present to you all of your mortgage options – He should never presume to guess that there are options you don’t want. He should not be providing you with only the mortgage options that allow him to make the most money.

2. Your broker should fully disclose all anticipated fees with you – He should also be able to answer all questions and address all of your concerns, Continue reading How Do You Know If You Have a Good Mortgage Broker?

Is it Hard to Apply For a Mortgage Loan Modification?

Is it Hard to Apply For a Mortgage Loan Modification?Loan modifications can be difficult to negotiate if you choose to do it yourself.

There is a lot of paperwork associated with the process and failure to comply with all the terms can result in being denied. Since loan modification is a one shot deal, it is advisable to enlist the services of a loan modification service.

Loan modification will entail a review of you current loan and your current Continue reading Is it Hard to Apply For a Mortgage Loan Modification?

How to Get a HAMP – Home Affordable Modification Program Approval

How to Get a HAMP - Home Affordable Modification Program ApprovalObtaining a Home Affordable Loan Modification Program approval, is a way for you as a homeowners to lower your mortgage monthly payments to an affordable level which will be extremely helpful if you are suffering through a hardship that causes a difficult time for you to pay the full amount, the HAMP Home Affordable Modification Program is backed by the Obama President Continue reading How to Get a HAMP – Home Affordable Modification Program Approval

Obtaining a Mortgage When You’re Self-Employed

Obtaining a Mortgage When You're Self-EmployedTales of economic collapse, bankruptcy of banks, and the foreclosure of hundreds of thousands of homes across the continent are enough to make you cringe. Unfortunately, it’s the sad reality that exists today: the economy, for better or for worse, has changed. If you’re self-employed, as millions of Americans and Canadians are, it makes obtaining a mortgage (or an equivalent home-loan) a daunting and challenging Continue reading Obtaining a Mortgage When You’re Self-Employed