Tag Archive | "mortgage modification"

Must HELOC Lenders Give Approval for the Federal Mortgage Modification Program?

Many desperate homeowners are concerned that their HELOC lenders won’t give approval for their participation in the federal Making Home Affordable mortgage modification program. Good news: you do not need to get approval from your HELOC lender in order to apply or have your mortgage modified. The Daily Camera explains some of the qualifications necessary: [...] [...more]

Uncategorized Comments (0)

Can I Still Qualify for the Federal Loan Modification Program if I Have a HELOC?

The federal loan modification program, Making Home Affordable, provides a way for struggling homeowners to lower their monthly mortgage payments. Qualifying applicants can receive an interest rate reduction, making their new rate as low as 2% for a minimum of five years. They can also receive an annual incentive of up to $1,000, applied to [...] [...more]

HELOC News Comments (0)

Categories

Related Sites