Archive for the 'Mortgage' Category

Borrowers who have piled up dues on their mortgage can choose to avoid foreclosure with the help of forbearance agreements. This can be done by contacting the lenders and requesting for extension of the deadline of clearing arrears provided that the borrowers promise to pay for penalty on a monthly basis. Acquiring eligibility [...]

Anyone who has ever encountered foreclosure problems pursue in finding solutions to mortgage problems. One alternative to preventing foreclosure that most people resort to is reverse mortgage. People who have bought a house during the time when real estate is going strong in the past few years thought that the purchase could be [...]

Now, the Obama administration has taken foreclosure prevention steps that many believe are unfair to the taxpayers who eventually end up footing the bill. Read this interesting story!

Not everyone can obtain a conventional mortgage. There may be many reasons. Most commonly, it involves a bankruptcy, foreclosure or other reason for a bad credit report. If so, what are your alternatives?

Don’t anticipate that rates are going to go much lower in 2010; they are already at or near all-time record lows. Do act now to take advantage of the low interest rates that are currently available.

In the past, your credit score was just one factor in being considered for a mortgage. Today, this score is far more important. Here are some facts you should know.