Ch 13 vs. Ch 7 Bankrupcies - 07/24/09 02:14 PM
Chapter 13 Bankruptcy & Mortgage Foreclosure
Mortgage companies continue to foreclose on American homes at an alarming rate. The real estate market boomed in the late 1990's and early 2000's. Property values soared and homeowners cashed in on their new found home equity. However, interest rates have climbed, the real estate market has cooled and homeowners realize it's a buyer's market. Some homes will sit on the market for six, nine or twelve months. The asking price goes down and homeowners inch closer to the edge of foreclosure.
Many consumers do not understand that the bankruptcy code can help them save … (0 comments)

Government Down Payment Assistance Today - 07/24/09 02:05 PM
Q. Are there any no-down payment programs left?Yes. While it's true that most of the popular no-down payment programs disappeared in the wake of the subprime mortgage collapse, there are still two longstanding government-backed programs that offer mortgages with no down payment: the USDA Rural Development Program and the VA Loan Program. A USDA Guaranteed Loan is a government-insured, 100% purchase loan. This means there is no down payment required if you - and the house you intend to buy - qualify for the program. Not all areas qualify, but you'd be surprised at how many neighborhoods in your area do. … (0 comments)

 

Illinois Mortgage Lender Greg Zaccagni

Wheaton, IL

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The Federal Savings Bank

Address: Dupage, Kane, Cook County etc.., Wheaton, IL, 60189

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