September 17, 2009
President Obama’s federal loan modification plan uses a standard 4 step formula to determine which homeowners qualify for a loan workout. You can learn this basic formula and have a lot more control over whether you are approved for this government plan. All lenders who participate in the federal Home Affordable Plan have been mandated […]
Read the full article →
September 13, 2009
While most people know that a good credit rating is an important part of being approved for a mortgage loan there are other things that a lender looks at when making the loan decision. When deciding whether or not to approve a mortgage the lender looks at several elements; the credit report is only part […]
Read the full article →