Lenders will do everything possible to work with homeowners who cannot afford mortgage payments. Lenders do not want the property. Mortgage lenders want to work with homeowners on a workout where they can continue paying on their home mortgage. This may include a loan modification, extending the current mortgage to a longer-term, or forgiving the past due amount.
This Article Is About Qualifying For Home Loan After Deed In Lieu Of Foreclosure Home Buyers can qualify For a Home Loan After Deed In Lieu Of Foreclosure. Government and Conventional Loans require mandatory waiting periods for borrowers who need to qualify for home loan after deed in lieu of foreclosure. FHA and USDA treat […]
This ARTICLE On Mortgage After Deed In Lieu In California Was PUBLISHED On July 22nd, 2020 Home buyers can now qualify for mortgage after deed in lieu in California after the mandatory waiting period depending on the mortgage loan program. California is one of the states in the nation with the highest foreclosure rates Californians […]
This BLOG On Conforming Mortgage Credit Guidelines For Home Buyers Was UPDATED And PUBLISHED On June 20th, 2020 Conforming Mortgage Credit Guidelines For Home Buyers After Deed In Lieu And Short Sale Conforming Mortgage Credit Guidelines For Home Buyers After Deed In Lieu And Short Sale requires a 4 year mandatory waiting period after the deed […]