6th December 2008
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You've probably heard that the UK and the US are both considering bailing out homeowners who are being threatened with foreclosure. While the entire process has not been approved by the governments, these loans will not be available to [...]
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2nd December 2008
When people get a notice of default on their mortgage, the first thing they think is that they have few choices for foreclosure resolution loans. That thought and the accompanying fear and panic may keep them from contacting their lender at a time when this is the best approach. Your lender can help you work [...]
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25th August 2008
It's tough enough to qualify for foreclosure loans when you are having trouble making payments, but it's even tougher when the property is non owner occupied. Foreclosure refinance loans, non owner occupied, have higher equity requirements and higher interest rates associated with these types of loans. This is because it indicates that it is an [...]
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14th July 2008
If you are living paycheck to paycheck and find yourself with an ARM mortgage that is about to reset, foreclosure may be in your future. With today's prices increasing steadily and incomes decreasing, a sudden illness or job loss can quickly add up to missed mortgage payments. Stop foreclosure loans can be planned ahead if [...]
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14th July 2008
There are many different ways to stop foreclosure, but there are also some unscrupulous lenders or individuals who might want to take advantage of you in a desperate situation. You shouldn't just be on the lookout for any loans to stop foreclosure, but you should also understand what makes up bad loans to stop foreclosure [...]
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