Mortgage and Refinancing Information Channel:

We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
 Please check back frequently as new topics are added and current topics are updated daily.

Mortgage Debt Elimination in 5 to 7 years!

Mortgage Debt Elimination shows that most home loan debts will be secured. Secured debts usually are tied to an asset, like your house for a mortgage. If you stop making payments, lenders can foreclose on your house.

Unsecured debts are not tied to any asset, and include most credit card debt, bills for medical care, signature loans, and debts for other types of services.

If you fall behind on your mortgage, you must contact your lender immediately to avoid foreclosure, don't wait 2 or 3 months. Most lenders are willing to work with you if they believe you're acting in good faith and the situation is temporary, please tell the truth.

Some lenders may reduce or suspend your payments for a short time, mortgage debt elimination shows you that when you resume regular payments, you will only have to pay an small additional amount toward the past due total.

Other lenders may agree to change the terms of the mortgage by extending the repayment period to reduce the monthly debt. Ask whether additional fees would be assessed for these changes, and calculate how much they total in the long term.

If you and your lender cannot work out a plan, contact a housing counseling agency. Some agencies limit their counseling services to homeowners with FHA mortgages, but many offer free mortgage debt advice to any homeowner who's having trouble making mortgage payments.

Call the local office of the Department of Housing and Urban Development or the housing authority in your state, city, or county for help in finding a legitimate housing counseling agency near you.

The prospect of debt elimination is something that many Americans are dealing with today. If you are concerned about your current debt situation, constantly trying to eliminate debt from your life, you are not alone.

In fact, over half of all American households have trouble meeting their minimum monthly obligations, driving them further and further into debt.

Interest on the average home mortgage will cost the homeowner nearly TWO TIMES the cost of the home.

If you were to purchase a $150,000 home with a $120,000 mortgage (80%), and you paid an interest rate of 9% for 30 years, you will have paid over $227,500 just in interest (in addition to the original $120,000). That's nearly two times the cost of the home!

Without mortgage debt elimination, you can pay-off your home, credit cards, car loans and other debts the slow, old-fashioned way and maybe end up with a few thousand dollars saved for your retirement years...or you can stop living Pay-Check to Pay-Check. Starting Today!

NOW! Imagine what you will feel like, when you wake up one morning and absolutely know that all of your debts have been eliminated, and you Now Own Your House, mortgage debt elimination shows you how.

For More Infomation And Resources Visit: http://www.debt-elimination-program-reviews.com They review and then list some of the best debt elimination, programs, software and books available online in 2005!

MORE RESOURCES

used office furnishings-supplies-equipment-desks-cubicles-service-counters for sale in Akron Ohio   Die cast model cars for sale in Akron Ohio  
used cars for sale in Akron Ohio   unfurnished homes for rent in Akron Ohio

RELATED MORTGAGE AND REFINANCING ARTICLES: Mortgage Loan Information - Know The Basics When You Refinance or Purchase a Home If you are currently looking for a new home, chances are that in all the excitement you won't really give any thought to the type of home loan mortgage you take out, instead going with the first one offered to you. This could be a serious mistake - costing you thousands, if not tens of thousands. Bad Credit Mortgage Loans Online - How Your FICO Credit Score Can Affect Your Loan Approval When applying for a mortgage loan when you have a bad credit history. There are a few things you should know about your FICO score that will help you know what to expect from mortgage lenders. Home Mortgage Quotes Online - How Do They Compare To a Quote From a Broker in The Real World? Online home mortgage quotes are very similar to the quotes given by mortgage brokers in "the real world," except lower. With the reduced cost due to a simplified application process and reduce overhead for office space and personnel, online mortgage lenders can offer financing with no fees or lower interest rates. Online Mortgage in UK - Introducing the Best Mortgage Plan Across UK Add the term 'online' and it will open for you an exhaustive assortment of opportunities. Add online to mortgage and it will have the same effect. Cardinal Principle of Homeowner Personal Loans - It is a Solution for Any Sort of Financial Funding You bought a house and you were promoted to the position of a homeowner. It was perhaps the most important decision of your life. Making Sense of Mortgage Speak Applying for a home loan can be overwhelming. You will need to contend with mountains of papers, contracts, documents; and do lots of planning and coordination. Home Equity Loans Categories Fixed Rate Mortgages: These loans have a fixed rate of interest over the entire term for which the loan has been disbursed. The term for these mortgages is typically between 10 to 30 years. Getting a Home Improvement Loan: What Your Bank Needs The popularity of stores like Home Depot and Lowe's show how many homeowners are jumping on the home improvement bandwagon. Maybe you're thinking of redoing part of your house as well. Revive Mortgage Tenure With Extend Loan Term Remortgage You are comfortably wedged in a mortgage deal, paying the standard rate of interests year after year. You are most in all probability paying more than required and you don't even know it. Home Equity Loans Company - 7 Key Questions to Help You Choose One Choosing the right home equity loan can be tricky; you have to consider interest rates and repayment schedules, among others. Choosing the right lender, however, does not have to be a difficult task. Fixed-To-Adjustable-Rate-Mortgage What is a Fixed-To-Adjustable Rate Mortgage? This type of mortgage offers fixed payments for an initial loan period of up to10 years then followed by an adjustable interest rate for the remaining term of your mortgage. Payments are usually lower than most fixed rate mortgages. Seniors Can Use a Reverse Mortgage to Fund Annuities, Investments, and Insurance Policies For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Home Loan Refinancing - What Lenders Don't Want You To Know Refinancing lenders seems to hold all the cards. They have the money and their own system for determining which type of credit you can qualify for. Home Mortgage Loans For People With Bad Credit - 3 Ways To Improve Your Chances For Getting Approved Finding home mortgage loans are a reality for people with bad credit. By tapping into online home loan resources, you can find financing to buy a home. Finding the Best Home Improvement Loans When the time comes to do work around the house, finding good deals on home improvement loans can be vitally important. Home improvement loans can be used to help you improve any part of your house or other real estate, providing you with the money to get the materials that you need and to hire the professionals that can get the job done. Home Mortgages: Up, Up and Away! Refinance NOW-before it's too late. If you haven't found the time to refinance your existing home mortgage, it's time to take action-like yesterday! Every time Alan Greenspan, Federal Reserve Board Chairman, opens his mouth, you can bet that the federal funds rates will rise by at least a quarter of a point, or by 25 basis points in investorese. What that means to you is that home mortgages will rocket as well. Home Mortgage Loan Refinancing Online - 3 Tips on Refinancing Your Home When refinancing your home, it's helpful to know a few things about refinancing. When you refinance, you usually pay off the old loan and sign for a new loan, whether you are refinancing your 1st mortgage, second mortgage or home equity loan. How To Save Hundreds A Month On Your Mortgage When it comes to American spending habits, the sad truth is that most people don't put their financial assets to the best use. One of the greatest examples of this is the home mortgage. Getting The Best Rates On Mortgages And Loans With an impending up-grade to the family due in a few months it soon became clear that our two-bedroom home would need an addition. We loved our house too much to consider moving. Mortgage Advice To Make Mortgages A Really Smooth Ride Mortgages are easy as long as you understand them well. But how many borrowers can be confident of their knowledge of mortgages.

HOME | SITE MAP © 2012 - 2024 All Rights Reserved Increase pagerank with HitsSurfer