Archive for July 11th, 2008

 

Deciding On Foreclosure Posted By : John Andrews/Steven

Jul 11, 2008 in Mortgage

Deciding On Foreclosure Posted By : John Andrews/Steven
When homeowners have missed several mortgage payments, they should not be surprised when the banks come knocking on their door looking at foreclosing them. A lot of people just seem resigned to the fate as deciding on foreclosure is not something that they would decide on.

Does Your Bank Understand FHA Guidelines? Posted By : Connie Sanders
Tom is from New York and was approved for an FHA home loan on a single family house. The banker told him he would need two months reserves in a savings account before closing or the mortgage would not close. He was concerned by this late requirement and called me for help.


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