Recently, the governor of California, Arnold Schwarzenegger, signed the Assembly Bill 329 into law. This law contains many statutes which serve to protect seniors entering into a reverse mortgage. Commonly referred to as the elder protection act of 2009, this law serves as an additional protection for seniors in order to ensure that they understand the reverse mortgage process and are entering into the agreement willingly. One important...more
Author: Kenny Gregg From all the gold and silver investment business and programs I have looked into so far, there was one that got my attention - it is called Numis Network. And there I have several reasons for this. The idea that caught my attention first of all was not the fact that their investment products are silver and gold coins, but the fact that the coins are licensed, graded collector's coins, not simple bullion coins. Their price...more
It's a very difficult and dangerous scenario once you fail to pay your monthly mortgages on time. That's because it may lead to foreclosure. Even if you exert your full effort to pay on time, financial problems may arise which can hinder you from meeting your obligations on time.Approach Your Mortgage LenderOnce you have observed the first few signs of trouble, the very first thing that you should do is to talk to your lender as soon as possible. There is no need for you to wait for a few late payments before taking action. Some borrowers may try to explain their problems to the wrong department. This is just a waste of time since people who are not responsible to handle customer issues can't really give much assistance.So, how do you know if you are on the right track? Every mortgage lending company has a loss mitigation department which specializes in handling repayment issues. They are also called "reinstatement department", "modification department", "workout department", etc. Know the exact department which handles restructuring of the loan before speaking about your concerns.Get over Your HurdlesIt is may not always be easy to get in touch with the loss...more
In taking into consideration a profession in the mortgage industry, you probably would have heard about CeMAP. Once you have made the decision to out to be drawn into the mortgage and real estate industry as a mortgage consultant then CeMAP training is the primary recognized stride all along the way. On the other hand, having said that, there are a...more
Author: Trevor JohnsonIt's time to put an end to all the financial problems. Use your optimism and start attracting wealth and prosperity. Your mind is more powerful than you can imagine. Follow a few simple steps and change your life forever. First of all you need to find a strong motivation. You will be surprised to see how you can change...more
Author: MPetroneMortgage refinancing is easier and more beneficial for struggling homeowners to get than ever before. This is because of new stimulus programs enacted by President Obama. These stimulus programs enable millions of homeowners the chance to get a more affordable mortgage, save money, and prevent homes from being lost. Here is how you can benefit from this housing stimulus plan, regardless of your financial situation. This stimulus program is funded by over $75 billion in Government money that is being used to keep interest rates low, and provide new mortgage refinancing options for homeowners. These new refinance choices now make it possible for a homeowner to approved if they owe more than their home is worth, have bad credit, have financial problems, or have bad debts. Never before has a plan from the Government been this beneficial for this many people. Besides using the money to keep interest rates low, which they are, it is also being used to give to mortgage lenders and banks that approve homeowners for refinancing. With this money, the lenders and banks can approve more homeowners than ever possible before, and help struggling homeowners prevent their home...more
Author: Stephen MarcumWhat should you do when the value of home is less than the mortgage you pay? Pillar Pro Deals Pillar Property Group representatives here this question everyday when we speak with homeowners. We would like to respond to this...more
In this article, you will learn about the costs of taking the Cemap qualification, the time it takes to finish the course, and why you should take the Cemap qualification when deciding to become a Cemap mortgage advisor.The costs of the Cemap...more
Author: Ken SolstadFinding lenders online who will tell you the many advantages of a Reverse Mortgage is easy. But what are the potential disadvantages? A Reverse Mortgage can provide emergency funds when you need it, but make sure to do your...more
Author: MPetroneNeed to stop a foreclosure? Want to get a 2% mortgage interest rate? Struggling to make your monthly mortgage payments? Fear that you will not get help if you try to get a mortgage refinancing due to bad credit or other financial...more
Author: Zarko ZivkovicWhat is the best way to save money today? There isn’t any, don’t get me wrong, there are a lot of ways to save money and some of them are better than the others but there isn’t a way that can be labeled as the best way to...more
Author: MPetroneMortgage rates are near record lows right now and many people are trying to refinance a mortgage to take advantage. However, I think that throughout 2010 mortgage rates will gradually rise. This does not make refinancing a bad idea...more