Real estate blog entries tagged with loan modification by Joe Hansen (VIP Mortgage, Phoenix AZ Mortgage Consultant & CE Instructor)

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Home : Blogs : Joe Hansen : Mortgaging in Arizona With Joe : Tag "loan modification"

loan modification: Short Sale/Foreclosure/Modify Oh My! What hurts your credit the most? - 03/22/10 04:45 PM

What Will Hurt Your Credit more?
This is a question that I get all the time as a loan officer here in Arizona and despite the different laws in different states regarding the affects that a foreclosure or short sale can have on you personally, the basic ramifications of the two are somewhat cut and dry when it comes to your credit.
The Drop- This is the key to understanding what can happen to your credit with either one of these scenarios. The rules for a foreclosure or a short sale are that you will take a hit of about 200 … (3 comments)

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Joe Hansen

Phoenix, AZ

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VIP Mortgage, Phoenix AZ Mortgage Consultant & CE Instructor

Address: 7747 W. Deer Valley Rd. Ste., 240, Peoria, AZ, 85382

Office Phone: (623) 223-1804

Cell Phone: (480) 239-7766

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Helping you understand how to obtain the best home financing for your needs in Arizona. With a broad range of products, great rates, combined with excellent customer service, I look forward to making your financing experience an enjoyable one.

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