Real estate blog entries tagged with mortgage bailout by Gary Miljour - Mortgage Lending for Arizona and California (My City Lender Home Loans)

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Home : Blogs : Gary Miljour - Mortgage Lending for Arizona and California : Gary Miljour's Blog: Mortgage Lending for Tempe Arizona : Tag "mortgage bailout"

mortgage bailout: Is your ARM (Adjustable Rate Mortgage) Really Broken? - 03/02/08 11:33 AM

I wanted to talk about some situations that have been coming lately that has lead me to believe that the average "Joe Borrower" is still not aware of yet.
If you think your ARM (Adjustable Rate Mortgage) is BROKEN and this is going to cost your payment to skyrocket, you might be completely wrong.
Peter Thompson wrote a great post about this titled: Should You Refinance Your Adjustable Rate Mortgage?
I have been getting a flood of calls lately from folks who think they have a broken ARM (Adjustable Rate Mortgage). Well most of the time, the payment is not changing much, and in some … (4 comments)

mortgage bailout: Well, The Feds Might Have Opened Up Pandoras Box! - 12/06/07 02:40 PM

I just got this email, from a client of mine. He just got word that the Feds are going to bail out homeowners who cannot make their mortgage payments due to a reset in Rate.
I am wondering if this will set a huge amount of people off.
Here is his email:
Just joking, but should I stop paying my mortgage go into default so I can freeze my interest rate. I think that's a crock of *$#%&% that people get bailed out that can't pay their mortgage while people like me who are responsible get screwed up the @$$. Gotta love … (11 comments)

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Gary Miljour - Mortgage Lending for Arizona and California

Tempe, AZ

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My City Lender Home Loans

Address: 2350 E. Germann Road Suite 34, (Corporate Office) , Chandler, AZ, 85286

Office Phone: (480) 945-4545 x corp

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Arizona BK-0920007 California DRE-01889021 My City Lender Home Loans NMLS#161428 Gary Miljour Licensed Loan Originator NMLS#207208

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