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.
Stopping Foreclosure
If you're having trouble making your mortgage payment you probably want to do whatever you can to stop foreclosure. Stopping foreclosure is possible if you take the right steps. The simplest ways to stop foreclosure is to reduce expenses and save money.
Mortgage Payment Troubles? Take Foreclosure Questions To Lender, Experts
If you're having trouble paying your mortgage, go straight to your mortgage lender or another expert to ask questions about foreclosure. Foreclosure questions are not for family and friends, who may not know the answer to what happens when you can't pay your mortgage. Your mortgage lender will be able to answer any questions you have about foreclosure and to talk to you about how to afford your mortgage payments.
Mortgage Lender Doesn’t Report On-Time Payments
A couple's mortgage lender does not report their on-time payments to credit reporting bureaus. They wonder how the mortgage lender's behavior will impact their credit. The mortgage lender is anti-consumer.
Prevent Foreclosure By Paying Mortgage, Talking To Lender
Prevent foreclosure by paying the mortgage and talking to your lender if you're having a cash flow problem. When you do your budget, be sure to pay your mortgage first because that is your most important bill, and let your lender know you may need help. Some states put foreclosures on the fast-track, allowing your lender to send you a foreclosure notice withing 60 days of a missed mortgage payment.
Lender Leaves Mortgage With Title Company
A mortgage lender backs out of a deal leaving the title company to pay off the seller. The title company closed the transaction after the lender failed to properly fund the closing. Now instead of paying a lender, the title company expects payments.
Short Sale Real Estate Investor’s Only Option
A real estate short sale may be the only option for this new real estate investor. Many new real estate investors did not anticipate the down turn in the market and now owe more on a property than it is worth and are being forced to negotiate a short sale. If the mortgage lender accepts the short sale, the real estate investor may still be required to pay out of pocket for other expenses.
Owner Financed Mortgage
An owner financed mortgage is not working for this home buyer. Ilyce suggests that this ThinkGlink reader work with a real estate attorney to understand her current mortgage and then refinance from a conventional lender.
Should The Feds Help People Who Can’t Pay Higher Mortgage Rates?
President Bush unveiled his mortgage relief plan yesterday. Apparently it will give homeowners who financed homes with adjustable rate mortgages afte...
Federal Reserve Announces Consumer Help Office
If you have a problem with a bank or other financial institution you now have someone to call for help. The Federal Reserve just announced its consum...