Debt Negotiation Zone » fha home loan http://debtnegotiationzone.com Debt Negotiation Fri, 19 Aug 2011 22:59:35 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 What you need to know about Refinancing http://debtnegotiationzone.com/what-you-need-to-know-about-refinancing/ http://debtnegotiationzone.com/what-you-need-to-know-about-refinancing/#comments Tue, 17 Nov 2009 01:39:43 +0000 admin http://debtnegotiationzone.com/?p=755 As a consumer if you are considering a refinance or a new purchase, you need to have all of your financial information available.  By having all the information available, the lender will be able to assist you and explain to you all your various options whether under a FHA financing program or another loan program.

 

It is important for the consumer to present the following items which visiting with a lender:

 

  • Complete copy of last 2 years personal tax returns for all borrowers
  • Copy of most recent paystub for all borrowers
  • Complete copy of last 2 months bank statement on all types of accounts

 

Some programs may not require this type of financial information.  However, the more information provided to the lender allows for a smoother the transaction for the consumer.  In addition, it allows the lender to have a frank discuss with the borrower on the types of programs that will meet their financial requirements.

]]> http://debtnegotiationzone.com/what-you-need-to-know-about-refinancing/feed/ 0 Is an FHA Streamline Refinance The Same Thing As A Loan Modification? http://debtnegotiationzone.com/is-an-fha-streamline-refinance-the-same-thing-as-a-loan-modification/ http://debtnegotiationzone.com/is-an-fha-streamline-refinance-the-same-thing-as-a-loan-modification/#comments Tue, 09 Dec 2008 22:03:18 +0000 admin http://debtnegotiationzone.com/?p=446 Is an FHA Streamline Refinance The Same Thing As A Loan Modification?  An FHA streamline refi is not the same thing as a loan modification.  However doing an FHA streamline refinance is a very easy loan to get done.  Even if your home is upside down you can do the FHA Refi.  You do not even order an appraisal on the FHA refinance program.  In fact another benefit of the FHA Refi is that you do not even need to have good credit.  You credit score can be lousy and you can still qualify for the streamline refinance.  Effectively the FHA Steamline Refinance is like a no documentation loan.  If you want to save money on your FHA loan call toll free 1-888-368-6668.

]]> http://debtnegotiationzone.com/is-an-fha-streamline-refinance-the-same-thing-as-a-loan-modification/feed/ 0 How Does The Streamlined Loan Modification Program For Fannie Mae And Freddie Mac Work? http://debtnegotiationzone.com/how-does-the-streamlined-loan-modification-program-for-fannie-mae-and-freddie-mac-work/ http://debtnegotiationzone.com/how-does-the-streamlined-loan-modification-program-for-fannie-mae-and-freddie-mac-work/#comments Tue, 02 Dec 2008 05:23:57 +0000 admin http://debtnegotiationzone.com/?p=438 How will the streamlined loan modification program for Fannie Mae and Freddie Mac work?  This new mortgage bailout program will be set to begin on December 15, 2008.  It will apply only to mortgages that are owned or guaranteed by Freddie Mac or Fannie Mae.  A borrower who is 90 days delinquent will be eligible for a new mortgage with a monthly payment that does not exceed 38% of their gross monthly income.  Proof of a hardship will need to be justified, jobless or illness etc.  If you are not experiencing a loan default you will not be eligible for this mortgage bailout program.  You do not need to be in a bankruptcy proceeding.  This program is only available to primary residences.  Second homes and investment property will not qualify for this program.

For more information you can call Hope Now at 888-995-4673.

If you are interested in a loan modification please call toll free 1-888-368-6668 for a new hassle loan modification review.

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