HomeHardship

A loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time. In the past this was [...]

Yes, it is possible to refinance. To refinance with a conventional lender depends on the amount of equity you have in your home, how many payments behind and your debt to income ratio. * Caution – Typically, most refinance options will not give you a lower interest rate.   If you have more than 30% [...]

Consumers have many resources to turn to these days for foreclosure help. Lenders, housing counselors, state and local government resources, foreclosure defense attorneys, mortgage brokers and Realtors. The most important thing is to get help early before it is too late, and you lose your home to foreclosure at a foreclosure sale. Contact Your Lender [...]