March 14th, 2009
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How To Do Loan Modification Without Losing Your Shirt
Because of the recent foreclosure boom, loan modification is a hot subject nowadays. A loan modification comes down to asking the lender to alter the terms of your mortgage for good. The change of terms oftentimes comes down to lowering interest rates. Also, extending the time of the loan is frequently done to keep the damage for the bank to a minimum.
Written by Karl Graus on March 14th, 2009 with no comments.
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What Is Perfect Credit
What is perfect credit? “My broker says I have A credit. What is A Credit?” Remember that what is considered “A” credit to one company might not be “A” to another.
Typically, “A Credit” would be someone with flawless credit, free credit scores that are all over 720 (Equifax, Experian, and TransUnion scores), and would qualify for the best mortgage rates available pretty much anywhere, based on credit alone.
Written by Don Spelling on March 14th, 2009 with 1 comment.
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