When you obtain a mortgage and begin making payments on your home, the last thing you expect to have happen is to fall behind on your payments. Before you know it, you may be several months behind and wondering if foreclosure will be in your future. Should you not be eligible to refinance, your next… Continue reading What Are the Benefits of a Loan Modification?
If your mortgage payment is putting more pressure on your monthly budget due to unexpected expenses or an increased interest rate in a flexible rate loan, you may need to make financial adjustments. Here are four tips to consider in making your mortgage more manageable. Trim Your Budget Take a close look at your monthly… Continue reading 4 Tips to Make Your Mortgage Manageable
The world of conforming and a non-conforming mortgage is comprehensive. To get insights into this type of economy and what non-conforming loan underwriting is, you must first understand its definition. Non-conforming loans are home mortgages that do not meet Freddie Mac or Fannie Mae’s requirements. They are funded by lenders who do not need to… Continue reading Tips For Working With A Private Lender On Your Non-Conforming Mortgage