suggestion....!

Salviasite

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suggestion....!

« on: November 25, 2009, 10:07:12 PM »

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Regards:
Salvia Online Wink

Ann: My advice is that you need to make useful post in forums related to your topic and not just some random forum . Your backlink has been removed, but you are welcome to post in the general section.
This goes out to all the newer mortgage people, try to stick to mortgage and re related forums.


« Last Edit: November 27, 2009, 12:34:42 PM by Ann »

joebarnard

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Hey How is it going?

Re: suggestion....!

« Reply #1 on: October 27, 2011, 09:24:51 AM »

Mortgage financing after foreclosure is a difficult task since erstwhile homeowners find it incredibly difficult to convince mortgage lenders of their credit worthiness. The difficulty in procuring and refinancing a mortgage can be attributed to two factors. The erstwhile home owner's credit score declines by 350-400 points as a result of a foreclosure. The homeowner finds it difficult to procure both installments and revolving credit. Since these are necessary for improving credit scores, the consumer faces the seemingly insurmountable task of building credit scores and convincing the lenders of the prudence of allowing mortgage financing after foreclosure.

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Katty

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Re: suggestion....!

« Reply #2 on: December 15, 2011, 12:30:55 AM »

I really appreciate your hark work on mortgage financing but I want to share my views on this discussion.
According to me Mortgage means a debt instrument that is collateralized by real estate property and the borrower i.e. mortgage owner is obliged to pay back both the principal and the interest with periodic payments over the course of the loan.
Mortgages are used by individuals and businesses to make large purchases of real estate without paying the entire value of the purchase up front. Mortgages also are known as liens against property and claims on property.

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Jessica

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Re: suggestion....!

« Reply #3 on: January 17, 2012, 05:38:13 AM »

Mortgage financing means taking a loan to purchase or secure against the property from a financial institution like Banks. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably.

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