Home owners across the country are facing adjustable rate mortgages that having increasing payments that make on time payments next to impossible to make. If you are a home owner that is facing this stress because you missed two or more mortgage payments you need to be aware of how serious of a problem you [...]
Posts Tagged ‘Mortgage Payment’
Your Options When You Missed Two Mortgage Payments
Posted by admin on January 12th, 2010
Posted in Article 
Tags: Adjustable Mortgage, Adjustable Rate Mortgages, Conforming Mortgage, Extreme Option, First Mortgage, Fixed Rate Mortgage, Late Payments, Loan Modification, Mortgage Holder, Mortgage Lender, Mortgage Payment, Mortgage Payments, Rate Increases, Repayment Plan, Safe Zone, Second Mortgage, Sub Prime Crisis, Sub Prime Lenders, Sub Prime Mortgage, Time Payments 
No Comments »How Do Second Mortgage Loans Work?
Posted by admin on December 27th, 2009
If you need extra money for home improvements, debt consolidation or even to purchase an additional home then a second mortgage might be exactly what you are looking for to make that happen. However, when you hear the term second mortgage you might not be sure exactly what it means. To put it simply it [...]
Posted in Article Tags: Amount Of Money, Borrowing Money, Car Loan, Chunk, Collateral, Debt Consolidation, Existing Home, Extra Money, First Mortgage, Home Improvements, Interest Rate, Many Other Types, Mortgage Payment, Priority, Second Mortgage Loans, Second Mortgages, Taking A Chance, Types Of Loans, Vista Federal Credit Union, Wyoming 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 »