Avoiding Foreclosure
Finding yourself behind in your mortgage payments adds a lot of stress. Unexpected expenses come up and you have to make choices about what gets paid first. It is especially difficult if it is a medical expense where there really is no good choice. Laws may differ from state to state but generally, if you […]
Denied a Cash-Out Refinance mortgage? Sell and Leaseback your home.
Qualifying for a mortgage is tough for many homeowners, especially ones with credit or income challenges. You and your house have to meet the rigorous guidelines of Lenders to get a loan approval these days. It is important to understand where you stand before beginning the mortgage application process. You should organize your income and […]
When you, as a homeowner, find yourself in need of funds what are your options?
Reverse Mortgage In order to qualify for a Reverse Mortgage you have to be 62 years of age or older and the property must be your primary residence. The most common is a Home Equity Conversion Mortgage (HECM) and it allows homeowners to use their property as security for a loan but differs from a […]
