The Home Affordable Modification Program, more colloquially known as HAMP, is an arrangement provided by the federal government that can reduce or modify mortgage payments for struggling families. In general, these adjustments are long-term solutions, making your mortgage more affordable indefinitely. Wh...
My goal is to arm you with as much knowledge as possible prior to the home loan application process, whether it be a new home purchase or a mortgage refinance, so you can make an informed decision and beat the system. So go ahead and browse the mortgage help topics below as you see f...
If you’re still paying off a mortgage on your home, you will need to provide the lender with documents showing how much you owe on it. Typically, your monthly mortgage statement will show all the relevant details, including your current loan balance. This is important because it affects how...
In the case of a fixed term account, such as a personal loan or home mortgage, policyholders usually pay PPI charges upfront. This means the cost of the payment protection coverage is calculated for the entire term of the loan and then added onto the total amount borrowed. In the case ...
5 reasons homeowners might need mortgage forbearance Seeking mortgage relief is one way to avoid losing your home if a foreclosure is impending. However, it's not the best solution for every situation. You’re required to make up missed or partial payments, which means a heavy financial load ...
MortgageTerm Protect can only be purchased on an invitation basis, for customers who are: currently residing in Singapore; and a Singapore Citizen or Singapore Permanent Resident (PR); and between 18 and 50 years old (age last birthday). It is designed to match your DBS home loan tenure...
Let me congratulate for maintaining such a wonderful site: Yesterday when one of our forum moderators referred me your site, I just couldn’t take off eyes from it! I am a financial writer and I have written many quality articles on Debt consolidation, Mortgage, loan modification, Foreclosure...
But in some cases it changes for the negative and suddenly you find yourself in a difficult situation where it’s getting more challenging each month to pay the mortgage. You cannot afford to live in the home at this time and want to avoid further financial downfall by falling into ...
The Effects of Recent Mortgage Refinancing Rising home prices and generally falling interest rates in recent years, together with a desire to convert the accumulated equity in their homes into spendable funds, have prompted many homeowners to refinance their mortgages. In the spr... PJ Brady,GB ...
Home Affordable Modification Program (HAMP) Home Affordable Refinance Program (HARP) Lease Option Loan Modification Loan Refinancing Loss Mitigation Mortgage Release Payment Plan Preforeclosure Rent to Own Short Sale Subject To Voluntary Conveyance