As the unemployment numbers increase and the economy stalls, many homeowners who have missed multiple mortgage payments have received notices of default on their home . If you are behind on your mortgage, you know that you are served various papers from your lender constantly and it’s hard to determine what documents you should pay attention to.
This post [...]
Well, it looks like the latest stimulus plan will be officially passed any day now. Although I’m not sure that they are aware of it, taxpayers have already paid $250-billion towards the previously passed stimulous plan.
Here is an article breaking down where the funds will most likely be allocated:
http://www.cnn.com/2009/POLITICS/02/09/obama.news.conference/index.html
Now if your a homeowner struggling with [...]
Yes, that’s right, getting a loan modification approved is a team effort. Typically, I get a call from one of the heads of a household inquiring about a loan modification. They ask all of the questions and give information as to the hardship that led to their financial stress. This individual lets me know that they [...]
We receive dozens of questions daily from homeowners in regard to loan modifications.
If you’re having hard time making your payments, we can help you. Even if you’re in jeopardy of losing your home, we can help you.
Our loan relief program offers a loan modification process that allows homeowners and lenders to change the terms of a loan [...]
As I’ve been trying to do, I am taking questions that I frequently get from homeowners about home loan modifications on a daily basis and I’m trying to answer those questions for everyone.
What I think has probably been the most difficult part about home loan modifications for homeowners is that they don’t really understand it. [...]
Every day when my staff and I talk to homeowners struggling with their financial situation, we get asked a lot of similar questions. Some of these questions include…
How much will the bank modify my loan?
Can they reduce my principal balance?
If I miss a payment, will they help me faster?
What if the modification they give me [...]
I was talking to a client recently and they asked me how many people I thought would be able to get their loan modified form the applications I had submitted to the different mortgage lenders. I thought about it and I hesitated when I responded to her because of course I’m not really sure how [...]
