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Home Page > Finance > Can I Get A VA Loan And Buy A Car And Home Together?

Can I Get A VA Loan And Buy A Car And Home Together?

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Posted: Mar 05, 2011 |Comments: 0
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Many first time home buyers often ask the question “Can I get a home loan and a car loan at the same time?” The answer may surprise you. Yes, you can get both loans. It does however depend on several factors.

If you own property and you have equity, you can use a Government Loan refinance to consolidate or even pay off debts. Most consumer debt (credit cards, auto loans, etc) have much higher interest rates than home loans. This type of home loan is fairly straightforward and can close in less than a month. Among the various types of loans that fall into the Government Loan Refinance category are: VA HLC refinances including; VA Loan Refinances, FHA Loan Refinances, and USDA Loan refinances. Many borrowers will use these types of transactions to include both a car loan and a home loan.

Another option is to cash out equity and use the funds to purchase the car separately. This way the home loan will include the cost of the car. The restriction is that if you do not own property or do own property and lack equity, you may not consolidate debt (include 2 loans into one) with a refinance.

If you are not a property owner, you can purchase personal property (such as a car) while using a VA Loan. They way to achieve this would be to include the personal property in the purchase contract. This can happen even without a down payment (when using VA loans for example). If you choose to make a down payment, you can use an FHA or USDA loan to accomplish this objective.

The restrictions for VA loans are almost the same for all government home loan programs. The rule is that the loan amount can not be more than the appraised value of the property. In other words, an appraiser will be assigned by the government. That appraiser will determine a reasonable value for the home. The value given will be the maximum loan amount you can get without having to put an extra down-payment. In the event that the contract price exeeds this value, the borrower will probably have to make a down payment or forego the personal property (car).

The main problem with this option is that most home owners will not want to sell their car with their home. You can however, legally include the personal property (cars, tv’s, etc) in the sale. The inclusion of personal property is rather common when it comes to commercial real estate transactions as businesses will sell personal property separate from the sale of the land rights. So to answer the question “Can I get a home loan and car loan together?”, maybe. It just depends on your circumstances and loan type.

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To Apply For VA Loan, visit VAHLC Philip Georgiades is the
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I’m a Vet, can I get a VA Loan?

Published on : 14 March 11
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I’m a Vet, can I get a VA Loan?

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I’m a Vet, can I get a VA Loan?

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VA loans are designed for veterans hence there is no doubt that you will be able to get one if you’re a veteran. Nevertheless, it is suggested that you go ahead and take help of a qualified realtor to obtain your loans. There are numerous paperwork involved with this task and you might not be conversant with many of these. For individuals who don’t know, the Veteran’s Administration guarantees these kinds of loans. As with any other types of loans, this type of loan also offers its benefits and drawbacks and you have to know exactly the same before proceeding further.

Should you subscriber for just about any different type of loans, you shall be asked to make a deposit. Nevertheless, this deposit is not needed in case that you’re opting for the VA loan. You are not the only real person that can acquire this particular type of loan. Even those who are within the military can acquire VA loans. The amount of cash that is required as deposit is extremely little with this type of loan in comparison with the other kinds of loans. Nevertheless, there is a disadvantage to this kind of loans. In case you are planning to have a VA loan, you have to realize that a funding fee is usually rolled into this type of loan.

The meaning of the is your mortgage can be quite higher when compared to the worthiness of your home. If you are planning to stay in the house for just a brief period of time, then you will face the chance of taking a loss when you intend to sell off your house. Within this kind of scenario, the market worth of your house is going to be less than your mortgage obligations. Additionally these types of loans require quite challenging inspections, which could reduce the process of acquiring the home. It is obvious concerning the fact that the VA loan could well be one of the most powerful loan options in the market today.

The Va also pledges to pay back a quarter of each and every loan guaranteed by it, when the borrower from the loan defaults for making the instalments. It is primarily the guarantee providing you with further security to the lender and usually results in extremely competing terms and rates for qualified veterans. There’s yet another advantage of this kind of loan. The underwriting standards and requirements are far less strict with VA loans as opposed to the conventional loans.

The truth is that more than 80 % of VA borrowers might not have qualified for a conventional loan. Another benefit from the VA loans would be that the borrower doesn’t have to pay any PMI (pmi). This monthly expense is required to be paid by borrowers of traditional loans unless of course installed down no less than twenty percent of the amount borrowed. As being a veteran, you are be assured of having a VA loan.

Get the best deals on va hybrid loan and also va hybrid arm loan.

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Ryan Kopecky -
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Ryan Kopecky is a freelance blogger and writer and enjoys writing on a broad range of topics

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Who is eligible for va home loans ?
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How many times can i use a va loan?

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Why Is A Stafford Student Loan Better

Published on : 14 March 11
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Why Is A Stafford Student Loan Better

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Why Is A Stafford Student Loan Better

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The executive director of the Project on Student Debt, Robert Shireman, was interviewed regarding the best strategy for students to use for financial-aid decisions regarding higher education. We will review his comments and advice regarding the Stafford Student Loan and others.

Go with the federal loans first, not only do federal loans carry a fixed interest rate, but they also are easy to apply for and offer flexible repayment terms and, in some cases, a government subsidy for part of the interest.

The number one government loan to aim for is the Perkins Loan. It offers students up to $4,000 a year at a fixed 5 percent rate. The feds pick up the tab on the interest until the loan comes due.

You don’t have to shop for a lender to connect with a Perkins. These days they dole them out sparingly. The federal fund that supplies the loans isn’t being replenished to the full amount. If you are offered a Perkins Loan waste not time it accepting it.

The next loan you should want to go with is the Stafford Loan. This loan is available to any student who applies for federal financial aid; it carries a fixed rate of 6.8 percent, compared with the recent prime rate of 8.25 percent.

Students may borrow up to $3,500 a year as freshmen, $4,500 as sophomores, and $5,500 as juniors and seniors. If your family qualifies for need-based aid, the federal government will pay the interest on the Stafford Loan until it becomes due.

Other wise, interest starts building on day one. Students can defer repayment until six months after graduations and extend repayment from the standard ten years to as many as 25, lowering the monthly amount (but adding to the overall cost of the loan).

Uncle Sam makes for a lenient lender, as long as you don’t duck out on your obligation altogether. Borrowers who ask for forbearance can postpone payments for up to a year at a time and defer them if they return to school.

Stafford Loans offer subsidized and unsubsidized loans. What is terrific about a Stafford Loan financial aid package is you may be eligible for either one or a combination of both. The big difference between the two is when the interest begins to accrue.

The Plus Loan follows the Perkins and Stafford Loans from the government. After this you would have to look into private loans, which carry variable rates and tougher terms.

The government loans are by far the best if you are able to obtain one. You are able to combine a Stafford Loan with other available loans and they work with you in the installment, enrollment and repayment areas.

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What is an FHA Loan and how does it work?

Published on : 07 March 11
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What is an FHA Loan and how does it work?

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What is an FHA Loan and how does it work?

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FHA loans fell off the map for a few years after the rise in home sales and prices back, but in 2005, when the market took a slide down, they made a return and have been around helping prospective buyers purchase homes ever since. When the value of homes in the 1990’s were at an all time high, they exceeded the loan limits, making them less popular.

How does an FHA Loan work? Just remember that it does not guarantee approval for a loan, it is an insurance to your loan. This insurance serves as a cushion for lenders when they face the risk of a buyer putting down less than 20 percent on the purchase of a new home. The lender can only do certain things with the loan, without approval from the FHA. They can take loan applications, process the loan, and underwrite and close the loan.

The loan does hold limits on how much they can insure the loan for. But, as of January 1, 2009, the maximum mortgage limit in higher priced areas is 115% of local median prices, not to exceed $625,500. The maximum conforming loan limit is $417,000 for single-family residences nationwide. Depending on your area, your limits may be different, this is something your lender can help you with.

FHA loans are a good option for you if your credit is less than perfect, or you don’t have as much money saved as you would like. Don’t let those factors stop you from moving forward and starting your life in your new home. These loans give you options even when you have had financial hardship in the past. You can qualify for an this loan 2-3 years after you have filed for bankruptcy, as long as your credit history has been good since the bankruptcy was discharged, if you have gone through foreclosure, but have maintained excellent credit since the last date of your foreclosure. If this is the case, check all credit reports before applying for any type of loan, to insure that you will be qualified.

This rate, compared to a conventional, adjustable rate loan, hardly adjusts, which is good for people who don’t have as much money as someone applying for a conventional loan, mortgage insurance is included in the FHA loan, instead of being paid out of the borrowers pocket. Borrowers are allowed to finance 96.5% of the purchase price, and if you combine this with other loans, you may not have to pay anything out of pocket for the down payment. Which in turn will save you more money to pay the mortgage on your new home.

If you are in the market for a new home, but feel you don’t have the means to qualify for a conventional loan, speak with your lender and realtor today about how you can qualify for an FHA loan, and if it is the best option for you. Don’t let your past mistakes hold you back from having the home of your dreams, always remember you have alternative options.

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An Unbiased View of Student Loan Laws

Published on : 05 March 11
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An Unbiased View of Student Loan Laws

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An Unbiased View of Student Loan Laws

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The new student loan policy signifies saved taxes and even bigger grants or loans. As a result, exactly what does the overhaul of student loans do? Quite simply it cuts banking institutions out on state supported student loan business. Funds for student loans have been provided either straight from government or via private lenders, who collected huge amounts of funds in government subsidies to safeguard against defaulting.

Underneath the adjustments, bankers won’t act as the middle man, plus all universities and colleges need to change to the direct loan program by 1st July 2010. Numerous tertiary institutions have switched in anticipation regarding the new legislations. Lenders are still allowed to provide student loans that aren’t supported by federal government, and in addition they’ll continue to own agreements to support some of the federal government loans. However the new legislation presents a vital change in what’s been a multi-billion dollar business within the financial industry

Educational costs constantly continue to rise, however there is a certain amount of relief for debtors having difficulties with student loan repayments. Numerous individuals might not be alert to this. Formerly developed for individuals who seek public service jobs, these programs did expand to benefit anybody battling with student loan repayments, particularly those with excessive debt and small incomes. Commencing on 1st July 2010, all students using federal student loans will borrow straight from the federal government as opposed to a private loan provider.

You’ll find new resources which enables you to manage your debt more effectively and to restrict student loan debt prior to it starting. Student loan reforms provide all individuals the legal right to restrict their student loan repayments to 10 percent of their earnings.

Learners should also be careful of what the industry experts claim, simply because federal student loan laws could be tricky. I believe that student loan regulations will probably be modified to reduce interest charges along with less stringent prerequisites for qualification of loan deferrals.

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To get more useful tips about How Student Loans Work, visit us at http://realstudentloan.com where we provide free information about various student loans and much more.

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I’d like to get a payday loan then pay back when i get my student loan on november 8 th of 2010, is this possible. i’m getting over 3,000 back and can provide a statement from the college
I just got in to school and i need a loan bad i dont get my student loan till next month and i am about to be homeless what can i do
Who is my student loan holder ?

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Different Fha Loan Options

Published on : 05 March 11
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Different Fha Loan Options

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Home Page > Finance > Mortgage > Different Fha Loan Options

Different Fha Loan Options

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The FHA loan is like any other loans, there are different options out there so that they can appeal to many different buyers. When many people think of this type of loan they think of one product and while all of these loans are insured by the Federal Housing Administration, there are some differences in the interest rates as well as in who may qualify for them. The different FHA programs ensure that just about anyone get buy a home today.

FHA Loan Options

The most common type of FHA loan is the fixed rate mortgage, also known as section 203 (b). These loans have the same interest rate and it does not change during the term of the loan. This type of loan insures the lender for the total amount of the mortgage in the case that the buyer defaults and requires a smaller down payment on the loan than a conventional mortgage would typically require. When you get a fixed rate loan of this type you can anticipate having to put down about three percent of the total amount that is being borrowed. Many borrowers like the fixed rate option because it offers them the same interest rate, and therefore the same monthly payment, for the entire term of the loan. With the fixed rate option you can choose between 10, 15, 20, or 30 year terms.

For those that don’t find the fixed rate FHA loan option appealing they may want to look into the adjustable rate mortgages, also known as Section 215. The adjustable rate mortgages or ARM’s are a great deal for those that are looking for a very low interest rate in the beginning. If you are only going to live in the home for a few years this can be a great option because you can take advantage of very low interest rates, which will keep your monthly payment lower than it would be if you had purchased the same house at a fixed interest rate.

The Federal Housing Administration also has a couple of great programs such as the Teacher Next Door and Officer Next Door FHA loan programs. These programs are extended to teachers in the United States as well as police officers. If the home is financed with an FHA loan the teacher or officer is only required to put a $100 down payment on the home and they receive a 50% discount. The program is part of the Housing and Urban Development program and it can help teachers and police officers in many areas of the country to buy a home for the first time, especially because it is known that teachers and law enforcement offers are not all that well paid based on what they do for a living. Not all homes will qualify for this program, only homes that have been acquired by HUD will qualify, but there are some really great houses out there that teachers and police offers can purchase for very little and with very little out of pocket at move in.

As you can see, there are different loan options offered by the FHA so that just about anyone can get into a home and experience the pride of home ownership. If you have always believed that you could not buy a home you may want to look into one of these loan programs. There are many mortgage brokers out there that would love to help you buy a home.

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Student Loan Consolidation Programs ? Do it After Graduation

Published on : 27 February 11
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Troy Mccarthy
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Student Loan Consolidation Programs – Do it After Graduation

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Home Page > Finance > Debt Consolidation > Student Loan Consolidation Programs – Do it After Graduation

Student Loan Consolidation Programs – Do it After Graduation

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While there seems to be an urgent need to consolidate student loans, there are really times when to get student loan consolidation programs should be deferred. Borrowers with merged debts might be qualified for such deferment benefits; this actually depends on the student’s personal circumstances. For example, you might have exhausted your privilege to defer on your government debts. However, this should not be a cause for you to fret. One you merge your multiple loans, this allows you to obtain more options to defer.

So, when is the most appropriate time to consolidate student loans? The best time should be after the borrower has graduated from college. For students, their loans will be due around 6 months after graduation. This is the standard grace period, and is a good time for the borrower to get his debts organized and even be merged via student loan consolidation programs.

Within the six months, you can perform all that is necessary to ready up your loans for merging. However, the actual consolidation should not be until after six months grace period. With the unmerged loans, the federal government should be the one responsible for loan interest payments during the six months. However, if you decide to consolidate student loans with your grace period, you and you alone have the responsibility of immediately paying your loan.

Another thing, before getting into student loan consolidation programs, there are important facts that should be known about college debts. It is important to distinguish the private from the federal student loans. Private student loans have a much higher rate of interest than the government debts. This is because the former is considered unsecured while the governments loans are government-backed by the government.

This fact only means that federal student loans have a lower rate than the private debts when refinancing. Most students both have these two kinds of debts. And definitely you may refinance them. However, it is a must that you do not mix these two loans. Consolidate these two groups of student debts separately to retain the benefits that one can gain from them.

For more student loan consolidation programs and college debt consolidation articles, do visit our Easy College Loan Consolidation blog.

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I’d like to get a payday loan then pay back when i get my student loan on november 8 th of 2010, is this possible. i’m getting over 3,000 back and can provide a statement from the college
I just got in to school and i need a loan bad i dont get my student loan till next month and i am about to be homeless what can i do
Who is my student loan holder ?

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Considering a VA Home Loan? Read This First!

Published on : 25 February 11
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Considering a VA Home Loan? Read This First!

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If you are a first time home buyer, you might be a little confused about the different loans available to you. The following is a breakdown of the top 10 advantages that the VA loan program offers as compared to FHA or conventional financing.

1. No Money Down required.

There is no down payment required for a VA loan. The veteran may choose to put down a down payment. However, the down payment is not a requirement for purchase. Many other loans have a down payment of 3.5% (FHA loans) of the purchase price to 20% of the purchase price for conventional loans. Recently, 100% financing was offered for conventional loans but this caused the housing crisis. As of this writing, the Veterans Administration loan program is the only $0 down, 100% financing loan program available.

2. No Closing Costs Option.

There are many closing costs that are required with other loans. Closing costs include Homeowners Insurance, Title Insurance, Inspection Fees, Escrow Fees, Taxes etc. If the buyer structures a VA home loan offer to purchase the ideal way, the closing costs will be paid for by the seller and not the buyer. On average, the closing costs can exceed 3-5% of the purchase price of the home. This can equal thousands of dollars. If you purchase a home using a conventional loan, you may be required to pay $30,000 or more for closing costs. With a VA Home Loan, you may not have to pay anything!

3. Non allowable closing costs.

Even if the seller refuses to pay for all of the closing costs (or the buyer chooses to pay), the US Department of Veterans Administration will still limit the fees that the buyer can pay. In a conventional purchase transaction, the buyer may be charged for the following: Doc prep (documentation preparation) fees, conveyance fees, escrow and some attorney fees, photo inspection fees, interest rate lock – in fees, postage and other mailing charges, stationery, telephone calls and other overhead, amortization schedules, and membership or entrance fees, escrow fees or charges, notary fees, preparation and assignment of mortgage to other secondary market purchasers, trustee’s fees or charges, loan application or processing fees, fees for preparation of truth-in-lending disclosure statement, fees charges by loan brokers, finders or other third parties, and tax service fees. However, with VA home loans, all of these costs are not allowed.

4. VA certificate of reasonable value.

When purchasing a home using a conventional loan or using cash, you will have to rely upon the appraisal as a means to determine the properties worth. The Veteran Administration will issue a certificate of reasonable value. This certificate is good for up to 6 months. In addition to this, the CRV (Certificate of Reasonable Value) is valid for 6 months and good for any VA transaction, not just the one who wrote the contract.

5. VA home inspection.

During the appraisal, the VA inspector will verify that the property meets all Veterans Administration codes. The property must be in habitable condition. The VA protects the buyer from buying a property that is in bad condition. The VA inspector will examine, the roof, the furnace, the plumbing etc. If the property is not up to the VA code, the Veterans Administration will require that repairs are made to the home at no cost to the VA buyer.

6. Streamline Refinance for lower rates.

If you have purchased a home using the VA program, you can choose to refinance when rates are lowered. The streamline process allows you to refinance without a credit check, without most documentation and without an appraisal (in most cases).

7. No prepayment penalty.

Most conventional loans require a prepayment penalty. This means if you refinance or sell the home, the lender may charge you fees for doing so. In some cases, this can be as much as tens of thousands of dollars.

8. Points Capped.

Most lenders or loan brokers will charge a service fee to originate a loan. These are commonly referred to as points. Loan origination fees can not exceed the limit set by the VA. The VA will not allow a lender to charge you above what they feel is reasonable.

9. Assumability.

All VA loans can be assumed by other veterans. Conventional loans are not assumable. The VA will allow you to sell your property and have the new buyer take over your old loan.

10. Low rates.

The Veterans Administration Home Loans usually have very low interest rates. These low rates are in part set by the Federal Reserve. Many conventional loans have adjustable rates that start out at 3% and may exceed 12%. A fixed rate VA Home Loan will never increase. Your payment will remain the same for as long as you own the loan. Your interest rate is locked for up to 30 years.

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To Apply For VA Loan, call 888-554-6846 or visit => VA Home Loan Centers Philip Georgiades is the Chief Loan Streward for VA Home Loan Centers San Diego.

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How to Finance Home Equity Loan

Source: http://www.articlesbase.com/economics-articles/considering-a-va-home-loan-read-this-first-4041968.html

Article Tags:
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To Apply For VA Loan, call 888-554-6846 or visit => VA Home Loan Centers Philip Georgiades is the Chief Loan Streward for VA Home Loan Centers San Diego.

The Benefits of a FHA Loan

Published on : 24 February 11
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Troy Mccarthy
in : FHA Loan
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The Benefits of a FHA Loan

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The Benefits of a FHA Loan

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A Federal Housing Administration loan or FHA is the original residential loan product. FHA was created in June 27, 1934 and since then has helped many American families achieve their dream of home ownership. This loan began to lose its favour in the late part of the 1990s due to home values soaring upward, but has recently rebounded.

These days, FHA does not make or guarantee loans but it insures loans. The insurance removes or reduces the risk that lenders have to face when homebuyers give less than twenty percent of the amount as deposit.

If you have a less than satisfactory credit standing and report, this kind of loan might be good for you since this does not restrict people who have financial difficulties from applying. Below are some benefits in a FHA loan:

1. People with a bad credit standing can avail of this loan much easily than applying for the more common type home loan.

2. It has a lesser interest rate and lower down payment. In most home loans, those who have a low credit rating will be required to pay a higher down payment, but in FHA, they are not required to do so.

3. The processing and approval time is faster because of the insurance provided by the Federal Housing Administration.

4. Mortgage lenders are more confident in grating you loan because of the insurance from the FHA.

5. The down payment will be ranges from as low as three to five percent for this loan.

6. In a bankruptcy case, this loan can be acquired within two to three years after the bankruptcy date discharge as long as you maintain a good credit since you have been discharged from your debts.

7. As long as you keep your credit in good standing after a foreclosure, you can avail of the FHA loan two to three years from the final date of a foreclosure.

8. The adjustment rate of interest is lesser or none at all since the rate is within .125 to that of a conventional loan.

9. A mortgage insurance is added into the loan, meaning that a premium of 1.5 percent is added to the loan balance instead of paying it out of your pocket. A small percentage of the insurance premium mortgage is also added to your monthly payment, but lesser than private insurance mortgage premiums.

10. Since it is around since 1934, the FHA will continue to protect your home. In the event that you encounter financial hardships after home purchase, you will have several options available to keep your home and avoid a foreclosure.

Since January 1, 2009, borrowers could finance 96.5 percent of the purchase price and put down 3.5 percent on it. In some cases, when this loan is combined with other types of loans, there could be zero down payments for you.

An FHA loan is for anyone who wants to avail, but those buying a home for the first time and low to moderate-income buyers often use this. However, there are no limits to qualifications for this loan.

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Government Grants Loan Modification ? Obama has Got Some Good Predictions

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Government Grants Loan Modification – Obama has Got Some Good Predictions

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Home Page > Finance > Mortgage > Government Grants Loan Modification – Obama has Got Some Good Predictions

Government Grants Loan Modification – Obama has Got Some Good Predictions

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Posted: Jul 13, 2009 |

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These days, everyone thinking about getting a home needs to apply for a home loan. However, the loan needs to be decided upon wisely, otherwise there is a huge possibility for you to find the foreclosure phase if you don’t repay it on time. This is a critical situation and often people lose their home due to the delinquent payment of the mortgage. There might be a financial crisis in your home and you have not paid the mortgage on time. Due to which the interest rate will go higher and you can’t afford that. In such a circumstance you should look at the home loan modification program. This can bring you tremendous help as far as saving your home from foreclosure. Now a day’s Government, loan agencies and lenders are coming up with brand new ideas for home loan modification and these programs are supplying more help for desperate homeowners that are on the verge of a foreclosure.

In the USA home foreclosure ratio is very high, as numbers of people can’t pay their monthly payments but another option is preferring to go for a home loan modification.. Believe it or not if you are two times late for the repayment of the mortgage then there is a huge possibility for the lender to start the documentation process for foreclosure. This is a common scenario, as lenders don’t want to find themselves in any sort of critical situation. With the growing concern for home foreclosure, now Government sectors are looking into it deeply. In 2009 Barack Obama has announced a steady and effective home loan modification plan that is still creating enough buzz in the loan industry. With the key notion to deliver desperate homeowners good result, such a loan modification program seems to be working effectively. It’s a kind of loan modification program that will help you to meet the monetary needs for mortgage payment and can make your life easy.

The current recession period has been a great impact for the housing market in the USA. Due to the recession more number of people are loosing business as well as jobs. Due to such reason now they are not able to pay the mortgage amount, which is leading the way for a possible home foreclosure. Worse many homeowners have already lost their home due to such bad situation. Now Obama has come up with a new thought for government grants loan modification, which seems to be pretty much effective. He says, “Bankruptcy and foreclosure are not the right solution. Rather people need the affordability to repay the mortgage or interest rate. That’s why government grants loan modification can offer people enough ease.”

Well, there are few steps that you need to follow so that you can get the Federal Grants for your home that is on the verge of going through a foreclosure phase. Here are the ways:

Loan facility and tax credit is accessible if you are the first time homebuyer. The amount for such loan will vary as per the singles and married couples. Individuals can now get personal loan for other purpose of life. Grants are also accessible for those that are going through bad credit. People can now move for loan modification and refinancing without any problem. Such loan facility will come up with lower interest rate due to which people can find the affordability while paying the interest or mortgage amount.

Retrieved from “http://www.articlesbase.com/mortgage-articles/government-grants-loan-modification-obama-has-got-some-good-predictions-1034468.html”

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stephanie harris -
About the Author:

For advise on applying for Government Grants Loan Modification – visit my no nonsense loan modification guide at: http://loan-mortgage-modification.net

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Questions and Answers

Ask our experts your Mortgage related questions here…

How many times can someone apply for the Home Affordable loan modification program?
We applied with Chase for Loan Modification and got denied twice due to delay of documents. Is there anyone we can call to show them proof that we send doc on time?
My loan modification was approved. Said to be with an underwriter. My monthly income is even less than when I first applied and I still have good credit. Why was I denied?

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Source: http://www.articlesbase.com/mortgage-articles/government-grants-loan-modification-obama-has-got-some-good-predictions-1034468.html

Article Tags:
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