Midway Real Estate

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Entries Tagged as 'loan'

Loan Modification Letter

January 19th, 2010 No Comments

Foreclosure is always a race against time. Although a home loan modification can slow the process, you have fewer options the longer you wait. Not all lenders have the staff or experience to handle mortgage loan modifications. Even with a capable attorney, the process can drag on for months. But you don’t have to sit [...]

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Modification Mortgage

December 9th, 2009 No Comments

Obama’s Loan Modification Plan – The Advantages, Guidelines and Deadlines Stressed homeowners could get the assist they need to avoid foreclosure and obtain lower mortgage payments with Obama’s loan modification plan. Here is few essential information you should know if you’re facing a financial hardship and at possibility of mortgage default. Obama’s loan modification program [...]

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Mortgage Loan Modification

November 30th, 2009 No Comments

Federal regulators are considering a ban on the upfront fees commonly charged by loan modification companies for helping troubled homeowners. The move is part of a nationwide crackdown on loan modification and mortgage scams, which prey on borrowers desperate to stay afloat amid the recession. Government officials and attorneys-general from 12 states met last Thursday [...]

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Federal Loan Modification

November 21st, 2009 No Comments

The recent federal loan modification program put into action by the Obama Administration has completely changed the way lenders handle modifications and borrowers who are having trouble paying their mortgage. Foreclosure has never been a situation that any lender likes to know is near – it’s not just borrowers who lose money from foreclosure – [...]

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Home Loan Modification

October 27th, 2009 No Comments

Foreclosure is always a race against time. Although a home loan modification can slow the process, you have fewer options the longer you wait. Not all lenders have the staff or experience to handle mortgage loan modifications. Even with a capable attorney, the process can drag on for months. But you don’t have to sit [...]

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Fixer Upper Loan

September 26th, 2008 No Comments

Want to buy a fixer upper? How does it work with the loan? Say, for instance, I was approved for 150,000 and I bought a house that needed some TLC for 100,000. Could I then borrow the other 50,000 for repairs and remodeling, or do I have to apply for a whole other loan? And, [...]

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