What Happens After The Application Of Loan?
Saturday, March 12th, 2011I was talking with a customer the other day and told me that was the last time his request for home equity loans, was, what happens next. Since it is the first time made its refinancing was very worried and anxious about the process. He told me he was afraid something might go wrong.
Homeowners Face the Reality of Negative Mortgages
Saturday, March 12th, 2011The idea of being upside down on a vehicle is not that new. This commonly occurs when a consumer makes the decision to purchase a new vehicle before they have paid off their existing vehicle. As a result, the balance of the loan on the existing vehicle is added to the note for the new [...]
Reverse Mortgages Slammed by Consumer Reports
Friday, March 11th, 2011If you’re 62 or older and in the market for a reverse mortgage, take notice.
Mortgage Lenders Act Like Your Friend In Need, But We Try To Line Their Pockets At The Expense
Friday, March 11th, 2011A client of mine has received a “Smart Watch Report” by their lender, the other day and asked me to evaluate her. The report was really a call for loans to refinance their mortgages and use their ongoing participation in one or in cash now on sale and use of home equity to buy a [...]
Reverse Mortgages Slammed by Consumer Reports
Sunday, February 27th, 2011If you’re 62 or older and in the market for a reverse mortgage, take notice. The almighty Consumer Reports sent out a stark warning about the home loans earlier this week, calling them both “very risky” if homeowners didn’t understand the complicated terms and a “last resort for seniors who want to stay in their [...]