Debt Counseling | Loan Modification Part 10
Government requires you to get help
Believe it or not, there is still one aspect of the federal foreclosure prevention plan that we haven’t discussed. This particular provision should prove useful and helpful even to people who don’t need mortgage aid.
Anyone who takes part in either the Loan Modification or the [...]
Future of Your Mortgage | Loan Modification Part 9
After your personal loan is altered
By now you know that Loan Modification and Refinancing are achieved through lowering the interest rate on a mortgage. The federal foreclosure prevention plan says bankers and other lenders can lower the interest rate on a mortgage to 2 percent in order to get payments [...]
Time is of the Essence | Loan Modification Part 8
Timelines for federal aid
You should have a pretty good idea by now of whether you are eligible for Loan Modification or Refinancing through the federal foreclosure prevention plan. So, do you need to start filling out your paperwork right now?
In short, the best answer is “yes.” If you are struggling [...]
Don’t Even Try: Exemptions | Loan Modification Part 6
Not a money-making tool
In Part 5 of this series, I talked about staying away from scams and keeping your home and your money safe. But struggling homeowners aren’t the only people out there in danger of being scammed.
The government has set limitations on its foreclosure prevention plan to make sure [...]
Don’t Get Scammed! Loan Modification Part 5
Con artists seize opportunity
Many people who want to take advantage of the federal Foreclosure Prevention Plan will need a professional to guide them through the process. There is a dearth of legitimate operations out there to provide people with this kind of help.
There are also plenty of con artists who [...]
How Does the Government Help? Loan Modification Part 4
How Foreclosure Prevention Works
So, if you’ve read Part 1 of this series, you know whether you are eligible for the government’s Loan Modification program. If you’ve read Part 2, you know whether you qualify for Refinancing. Part 3 got you ready to provide proof of hardship.
But mortgage refinancing has been [...]
Eligible for Government Refinancing? Loan Modification Part 2
Struggling but not behind
In Part 1 of this Loan Modification series, I talked about the first part of the government’s Foreclosure Prevention Plan. The modification program is available to homeowners who are already three months behind on their mortgage.
If you are not behind on your mortgage but are struggling to [...]
Getting Started: Determining Eligibility | Loan Modification Part 1
Find out if you qualify
You might have recently read the news about the White House administration’s new Foreclosure Prevention Plan. The government has written new policies that make getting the terms of your mortgage changed easier than ever.
First, however, you must make sure you are eligible to take part in [...]
Scam Watch: Don’t Get Duped into Fake Mortgage Relief
Bad news: It could be worse
It’s cruel, but true: Scam artists view struggling homeowners facing foreclosure as money-making opportunities.
There are lots of organizations out there right now trying to help modify loans for people who can’t keep up with their mortgage payments. Unfortunately, there are con artists out there imitating [...]
Advertising Network
Loan Modification
Free E-Book
Free eBook
Terms of Use Privacy Policy Contact Us
Copyright © 2009 by Personal Money Store "Article republication is authorized as long as all content links are unaltered".
