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Old 05-06-2008, 02:36 PM   #1 (permalink)
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Pending... Mortgage Blog

What kind of topics do you want learn about regard of Mortgage?

I am in process of developing a Blog to educate community about terminology and what is available. Possible Vlog if bandwidth is available.

Fire away and hope soon I will open a Blog regard of this. I am looking in few weeks launching a Blog with all topics ready for you to read about it.

Feel free to share your curiosity.
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Old 05-07-2008, 12:02 PM   #2 (permalink)
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Join Date: Jun 2007
Location: Minneapolis, MN
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I threw in some topic. You can let me know if you like these topics.

1. At risk of foreclosure?
2. Soft Market requiring 5-10% down payment. How does it affect me?
3. Interest Rate Skyrocket? Dealing with ARM and how to refinance.
4. How to get ready for purchase a house.
5. How to get ready for refinance.
6. Understanding your credit history.
7. How to dispute your credit history mistakes.
8. How to avoid losing a home.
9. How to do a Short-sale a home.
10. How to avoid foreclosure?
11. How to avoid high Debts-to-income (DTI).
12. How to get a good loan?
13. How to identify difference of ARM and Fixed interest rates?
14. How to apply for mortgage loan.
15. How to get a good loan in Soft Market.
16. How does my student loans, car loans and personal loans effect my home mortgage?
17. Can we co-sign on home mortgage?

Let me know which one you like, the most request will be top priority to write about.

Any other topics that I did not mention, let me know soon. So I can write to help you understand mortgage topics. It can be financial as car loan and personal loans etc...

There no such as dumb question or topic.
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Old 06-05-2008, 02:54 PM   #3 (permalink)
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3. Interest Rate Skyrocket? Dealing with ARM and how to refinance.

3. Interest Rate Skyrocket? Dealing with ARM and how to refinance.

One day you received your mortgage statement showing your balance has increased several hundred, you panic because you cannot afford this huge jump of increase monthly. You send what you can afford but lender says you are behind. You do not know what to do next.

First step, call your lender to see if they can modify the loan. Most of the time they will modify the loan to keep you from becoming foreclosure.

If lender decline modify loan after several calls. Then contact your mortgage banker or broker to see if they have FHA Secured Loan.

You can contact bank or broker to see if they have FHA secured loan. This is designed for people who learned that their mortgage monthly payment skyrocket due to interest rate increased from ARMS. Please contact your mortgage banker or broker to see if this is your best option.

If you do not qualify for this loan, then consider three options. Sell or bear with payment until you qualify. Or call 1-888-995-HOPE or visit the website Homeownership Preservation Foundation (www 995hope com).
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