Posts Tagged ‘articles’

2nd Lien Loans- helps Homeowners Afford the First Mortgage Loan

Wednesday, May 9th, 2012

Posted: May 04, 2012 |Comments: 0 |

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How Online Measure Can Help in Knowing Better about the hafa Program

Wednesday, April 18th, 2012

Posted: Apr 16, 2012 |Comments: 0 |

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Remortgage for those who are not satisfied with their Current Mortgage Services!

Friday, April 13th, 2012

Posted: Apr 10, 2012 |Comments: 0 |

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Four Tips to Deal with Mortgage Arrears

Thursday, April 5th, 2012

Posted: Apr 05, 2012 |Comments: 0 |

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Long-Term Increases From Home Loans

Wednesday, February 22nd, 2012

Posted: Feb 18, 2012 |Comments: 0 |

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Huge Positive Changes To The SBA 504 Refinance Program

Wednesday, November 2nd, 2011

Good news from the SBA.  They have announced the elimination of most of the restrictions to the SBA 504 refinance program, which made it virtually impossible for borrowers to qualify.    This announcement was made on 10/19/2011.   Borrowers that applied or considered applying for an SBA 504 refinance and were declined/or discouraged from applying, should seriously consider re applying.  Virtually all of the restrictions have been removed, and the benefits are substantial. 

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Two Common Reverse Mortgage Pitfalls

Tuesday, October 25th, 2011

A reverse mortgage is a way for seniors to supplement their income by converting the equity they have in their primary home into cash. Lenders do not require repayment until a borrower dies or decides to sell the residence. This means that borrowers are able to liquidate and use a portion of their equity, while remaining in the home until their passing. It is not surprising that seniors would be interested in this arrangement. Unfortunately, there are a few reverse mortgage pitfalls that potential borrowers should be aware of.

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