Potentially ‘Thousands’ Of Homeowners Improperly Denied Obama Mortgage Modifications, Administration Admits
July 1, 2010 by
Filed under home equity loan rates
Potentially ‘Thousands’ Of Homeowners Improperly Denied Obama Mortgage Modifications, Administration Admits Potentially “thousands” of troubled homeowners were denied opportunities to lower their monthly mortgage payments under the Obama administration’s signature foreclosure-prevention plan due to servicer errors and inadequate oversight by the Treasury Department, a government audit has found. Read more on HuffingtonPost.com via Yahoo! News
Why do you think my Home Equity Line of Credit request denied?
June 5, 2010 by
Filed under home equity line of credit rates
Only people who work in lending please answer. My background: 200K/yr income. Employed for 9 years at the same very large company. I have 25 years experience in this same occupation. I own my home now for 10 years – have a 170K balance on an original $255K loan – I’ve been making extra $500/month [...]
What are the alternatives after being denied a HELOC / Home Equity Loan from a Sub prime Lender?
March 29, 2010 by
Filed under home equity loan rates
Lets assume that you were denied for cashflow concerns or poor credit and that you had roughly 50K in equity in the home and you needed a loan for around 5-10K. In addition what type of rates would these alternatives charge? The reason I ask is bc I understand that sub prime lenders denied loan [...]