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upside down mortgages
Question: upside down mortgage?
I am currently in a mortgage with an interest rate of 9.9 %. My FICO is much higher from when I started with this mortgage. I want to refinance for a better rate, but I’m upside down by 35k. What to do, what to do.
Answer: Your interest rate is pretty [...]
Mortgage Modification Plan Guidelines
The Obama administration generated a simplified loan modification program that aims to reduce homeowner’s monthly mortgage payments based on their monthly gross income. There are two types of programs under Obama’s plan: The Home Affordable Modification Program and Home Affordable Refinance Program for mortgage refinancing.
How will Obama’s Loan Modification Plan Work?
Servicer [...]
Mortgage Relief Plan Details
It’s amazing how easy it is for Americans today to get lots of bills and be in debt because of those bills. There are some bills that we might expect, while there might be other bills that we don’t, like none of us expect to be in a car accident, but when [...]
Obama Mortgage Relief Plan Details
Obama’s federal loan modification program could be the answer you have been searching for! It is designed to save the homes of nearly five million people who are currently facing the harsh reality of losing their homes. The home loan modification program will be handled by your lending institution, which is [...]
The Truth About Your Bad Home Loan
If every defaulting loan followed the advice in this book, this country could avoid increases in homelessness, crime, domestic abuse, broken neighborhoods, and so much more. Keeping these families in place as long as possible, and maintaining the property, is in the best interest of the borrower, lender, neighborhoods, [...]
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