Do I Qualify for a Loan Modification? To be eligible for a mortgage modification, along with meeting other investor-specific guidelines, you'll generally need to show that: the home is your primary residence you've gone through a financial hardship, like you had to take a lower-paying job ...
I mentioned before that we plan to have just my wife apply for our new home mortgage loan, and not have my name on the mortgage at all. I had been playing around with this idea for months, but it looks like we will be going through with it. Here are some of my supporting reasons:...
Mortgage Servicers Provide Relief ; Oklahomans Facing Foreclosure Can Apply for Mortgage ModificationRead the National Mortage Settlement Monitor's initial report Oklahomans facing foreclosure can...Aspinwall, Cary
how to qualify and how to apply for them. If you do not need to know the full explanation of each, feel free toskip ahead to the step-by-step guides for applying to each using the buttons below. The guides will help you understand if youreally need to apply for a NIE or TIE in...
that homeowners should be allowed to turn in the keys and walk with no adverse consequences. No hit on the credit report allowed and no prejudice if they decide to apply for a new mortgage loan. Just good, strict underwriting that ensures they can indeed handle the mortgage this time around...
Pay-for-Performance Success payments that reduce the principal balance of a mortgage under the Home Affordable Modification Program Amounts of student loans discharged upon the death or disability of the student In addition, the following are considered cancellation of debt income, but the IRS exclude...