Nationwide news channels are filled with reports on the Obama stimulus plan and focused mostly on the 75 billion allocated by Obama’s administration for Mortgage Relief. Obama’s plan focuses on keeping up to 9 million people from foreclosure. Helping these homeowners avoid foreclosure is vital to stabilizing home prices and ultimately the economy.The plan is [...]
Posts Tagged ‘Ltv’
Government Mortgage Relief Plan
Posted by admin on March 2nd, 2010
Posted in Article 
Tags: Acceptable Levels, Debt To Income Ratio, Facing Foreclosure, Fannie Mae, Freddie Mac, Getting A Mortgage, Government Mortgage, Home Values, Lower Mortgage, Ltv, Mortgage Lenders, Mortgage Payment, Mortgage Payments, Mortgage Rate, Mortgage Rates, Mortgage Relief, Nationwide News, News Channels, Stimulus Plan, Tooth And Nail 
No Comments »Second Mortgage Loans in Canada – How I Qualified and Saved My Credit
Posted by admin on December 5th, 2009
The use of second mortgages by clients is more common then one would think. The common issue amongst my clients is what would the lender think and how would I qualify.Income qualification is secondary to the LTV (Loan to Value) calculation on the property. The impact of the LTV is discussed in a future article [...]
Posted in Article Tags: Bad Luck, Borrowers, Income Qualification, Income Sources, Level Of Detail, Loans In Canada, Ltv, Minimal Requirements, Mortgage Canada, Mortgage Lenders, Mortgage Loan, Mortgage Payment, Personal Budgets, Private Lender, Private Lenders, Second Mortgage Loans, Second Mortgages, Social Services, Tax Man, What The Heck No Comments »