chase bank: What debt to income ratio do I need to get a loan modification from Chase?
- 06/01/10 12:47 PM
In order to find out a monthly payment that is ideal for a particular individual, Chase will first determine their debt-to-income ratios. They often will ask for your total gross income in order to properly figure out your true net income. This is your entire income that your receive prior to any tax deductions. Once your income has been added up it's time to add up any monthly debt payments that are required. These include your minimum monthly payments on all your credit cards, car installments, insurance payments, property taxes as well as the new desired payment that you want to … (2 comments)
chase bank: Chase Homeownership Centers: Get Mortgage Help Today!
- 05/06/10 12:40 PM
Down on their luck homeowners, who have a mortgage with Chase Bank, may now be in for some foreclosure luck. Yesterday, the banking giant announced that it will host borrower outreach events at its 51 Chase Homeowner Centers across the nation to help struggling homeowners avoid foreclosure. Homeowners, who have already applied for a loan modification, may also obtain short-sale assistance at these unique events. Those borrowers, who are already in the loan workout process, can also conveniently drop off documentation and sign final loan modification paperwork at the centers. This will be a breath of fresh relief for many Chase … (2 comments)
chase bank: Chase Sued for Loan Modification Shenanigans
- 05/05/10 01:02 PM
In the beginning, there were subprime lawsuits over toxic mortgages that were plaguing homeowners across the country. Adjustable rate loans gone bad by the millions, had borrowers been searching for legal relief everywhere. However, struggling homeowners quickly found out that it would cost a bundle to hire a lawyer to fight the big banks with their even bigger lawyers. In addition, many borrowers realized that these contracts were mutually signed by them and by the bank. Fast forward three years later, loan modifications are the hottest thing since Option ARM’s in 2006 that were handed out to borrowers across the nation … (1 comments)
My name is Moe Bedard and I am Founder of LoanSafe.org and LoanWorkout.org. My mission is to educate consumers online about the loan and mortgage process in order to to help them make the best financial decisions. I am one of the few people on earth who place humans before profits.
In order to find out a monthly payment that is ideal for a particular individual, Chase will first determine their debt-to-income ratios. They often will ask for your total gross income in order to properly figure out your true net income. This is your entire income that your receive prior to any tax deductions. Once your income has been added up it's time to add up any monthly debt payments that are required. These include your minimum monthly payments on all your credit cards, car installments, insurance payments, property taxes as well as the new desired payment that you want to … (2 comments)
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