credit scores: STRUGGLING TO MAKE MORTGAGE PAYMENTS? WHY YOU SHOULD NOT ALLOW FORECLOSURE
- 02/04/10 06:48 AM
If you are struggling to make mortgage payments, you have two options. First, we counsel clients in how to go back to their lender and renegotiate the terms of their loan. With the initiation of the Homeowner Affordability and Stability Plan, part of the recent stimulus bill, homeowners have the option of refinancing even if their loan to value ratio is above 80%, the current guideline for conforming loans. There are also options for those that have had their income reduced. The new plan allows for government and investment banks to work together to lower interest rates on loans and thus … (0 comments)
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Maria Livingston- Sherry Ajluni - Alpharetta, Cumming, Johns Creek Realtor
For the latest Real Estate information on the North Atlanta area, check out our North Atlanta Real Estate Blog. You may also visit our website at www.SherryandMaria.com.
If you are struggling to make mortgage payments, you have two options. First, we counsel clients in how to go back to their lender and renegotiate the terms of their loan. With the initiation of the Homeowner Affordability and Stability Plan, part of the recent stimulus bill, homeowners have the option of refinancing even if their loan to value ratio is above 80%, the current guideline for conforming loans. There are also options for those that have had their income reduced. The new plan allows for government and investment banks to work together to lower interest rates on loans and thus … (0 comments)
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