Archive for the ‘Help with mortgage’ Category
Help With Mortgage
Times are tough, and banks know that better than we do. (The reason why FOURTY big banks went under between 2008 and 2009!)
All those banks hitting rock bottom started a chain of events that hasn't fully played out yet, but no doubt is in some small part responsible for you reading this page right now.
Asking for help with your Mortgage may be hard, but is always a smart move. Thousands of people every year don't ask for help, living in a state of denial that only catches up with them when the sheriff comes to evict them.
But what kinds of help is available to you? The possibilities are limitless, depending on many factors, such as the condition of your bank, the amount of equity you have built up, the local laws, the local charities, your insurance, the money you have on hand, your credit record, your willingness to relocate, and many other factors. It can be extremely confusing to know who to ask for help, and of course what kind of help you need.
Since you're here right now, we're working hard on making this page useful to you. It will list the latest news and editorials about getting help with mortgages, and anything else we think will lead you in the right direction. In short, if you're reading this, you'd be smart to read everything below on this page.
Mortgage Help Nj
December 10th, 2006
Mortgage Help Nj
Question: Do I have to get my home mortgage from the state where the property located(NJ)? Could I get it from NY?
Hello, I am buying an apartment in Jersey City, NJ, and I would like to get the mortgage from the Bank of America(BOA). Do I have to get the mortgage from the BOA branch located in NJ? or I could get the mortgage from any BOA branch (let's say one in NY)? Is there any difference other than rate? Anything else I should concern about? Thank you very much!
Answer: Hey there - it does not make a difference if they have an office in that state or not. Just make sure the lender has a license to lend in that state and you are good to go! Many large lenders only have a few central offices, but can help you purchase anywhere in the country.
Best of luck!
Stop Foreclosure NJ - Short Sale Assistance
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Mortgage Help For The Unemployed
December 7th, 2006
Mortgage Help For The Unemployed
Question: How can I refinance home to take advantage of rate when i'm not working.Unemployed since jan and made paymnts!?
My husband has been off since January has not been late on the mortgage but they wont let us refinance the mortgage. I want to take my name off the mortgage too. For personal reasons but they wont! How does this low rate benefit ne one when everyone is basically unemployed!
Answer: "Everyone" isn't unemployed, 8-10% are.
No one will refinance you without a job. Would you if you were in their place?
NBR | The Unemployed and Uninsured | PBS