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New Conventional Loan Guidelines | HVCC | Fannie Mae | Freddie Mac
In May of this year the Home Valuation Code of Conduct (HVCC) became law. If and when you get a new conventional loan under Fannie Mae or Freddie Mac guidelines, the HVCC will come into play. What is HVCC?In...
11 commentsMy personal hell known as loan modification.
I am sitting here, stunned and with a huge knot in my stomach. It's the kind of knot that is down low in your abdomen and it makes you catch your breath. It comes when you finally acknowledge and accept the...
23 comments10 Best Mortgage Tips
Applying for a home loan can be a dreadful experience, especially if you are a first-time home buyer. There's a lot of paperwork and longwinded processing involved. But still, it is worth your effort. This comprehensive mortgage guide will walk you through the process of securing financing for your home and make you feel that applying for a mortgage is not that dreadful after all.
3 commentsHow To Do A Short Refinance
Many people are confused over the terms short refinance and short sale. To do a short refinance refers to the negotiation process with your bad credit mortgage loan lenders to reduce the amount owed such that...
1 commentChase Mortgage Modification Plan
There are many banking and mortgage loan companies in the US and one of the largest is Chase, or JP Morgan Chase. As major mortgage brokers, the Chase bank is now playing a key role through the Chase Mortgage...
3 commentsHow to remortgage your home
A remortgage is when you change your old mortgage for a new one, without moving home. Because of the credit crunch, it's hard to get competitive remortgages at the moment. Yet remortgaging can still yield...
0 commentsLoan modification or Short Sale! Which one is more beneficial?
We hear about thousands of homes going in foreclosure every day. Imagine how many home owners would be living under a constant threat of foreclosure and how many would have already faced the trauma of being...
16 commentsShould You Use A California Mortgage Broker?
Buying a house is classed as one of the top five most stressful things you can do during your life so it helps to get the process finished as soon as possible. California mortgage brokers can help to speed...
1 commentTri-Merge Credit Report
If you are a first time house buyer and applying for a home mortgage, you must have just encountered this strange term known as the "tri-merge credit report". This refers to a set of three separate credit...
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