When choosing a good mortgage lender, whether you choose a mortgage broker or a mortgage banker, you’ll want someone who can do the job right. Finding a lender who will take the time to make sure you understand the different loan programs being offered, and will help you decide which loan best meets your needs is key to having a smooth closing. Check out the articles, columns, blog posts, radio shows and videos for more information about mortgage lenders.
Choosing The Right Mortgage Lender
How can you choose the right mortgage lender? Ask friends and family for mortgage lender references, interview the mortgage lender and make sure the mortgage lender does meticulous underwriting.
Renting Out Property Subject To Foreclosure
Is it legal for a rental property owner to rent a property that may be subject to foreclosure? A tenant should be given notice that the rental property is the potential subject of a foreclosure lawsuit. The landlord should also be using the income from the rental property to pay his mortgage lender and keep the property from becoming subject to a foreclosure lawsuit.
Mortgage Lender Won’t Send Good Faith Estimate
A mortgage lender approves a borrower but does not say it in writing. The borrower calls and writes the mortgage lender. The mortgage lender does not respond to the borrower. What can the borrower do?
Retirement Home
What should you do if you've bought a retirement home but haven't yet sold your current home? If you don't sell the home, you could be forced into foreclosure if you can't pay both mortgages. You may need to ask your mortgage lender to allow a short sale as full payment.
Foreclosures On Rise And Mortgage Lenders’ Solution
In early 2008 foreclosures were increasing which furthered the housing market slowdown, but what are solutions that mortgage lenders are coming up with? Foreclosures are forcing private mortgage lenders to pay out millions of dollars. Mortgage lenders are trying to help homeowners who are currently or about to face foreclosure.
Talk To Mortgage Lender To Prevent Foreclosure
To prevent foreclosure you should pay your mortgage on time and in full every month. Preventing foreclosure should be a high priority because losing your home hurts your credit. There are steps you can follow to prevent foreclosure.
Project Lifeline Buys Home Owners 30 Days
Can't pay your bills? Call the government. It'll take care of you. Treasury Secretary Henry Paulson and Housing and Urban Development Secretary Alpho...
Ilyce Glink on WSB Radio – February 10, 2008
This week on the Ilyce Glink Show, Ilyce talked about what spooked the stock market, sending it down 4.4 percent this week. She also talked about how mortgage companies are rating counties for risk and requiring significantly higher down payments (in addition to credit scores). She also recapped the new stimulus package signed into law and discussed who would be getting a check, and for how much. She took calls on refinancing, investment properties, how to calculate retirement income, selling vacant homes, and tax issues. For more details, click on the show to listen to it, and don't forget to subscribe to Ilyce's new all-video site, www.expertrealestatetips.net.
Foreclosure Last Option: Call Your Mortgage Lender If You Miss Payment
Many homeowners who struggle to make payments don't realize by calling their mortgage lender they may be able to avoid the foreclosure process. Contact HUD or your lender to learn about the foreclosure process and what you can do to avoid foreclosure if you can't make the payments. You may be able to avert the foreclosure process altogether if you speak with your mortgage lender and explain why you missed your mortgage payment.
Advance Fee Loans Are Illegal
Did you know it's illegal to ask borrowers to pay a fee before getting a loan? Chicago's Better Business Bureau just warned consumers about a scam wh...