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Tags: Apply, borrow money, Consolidate, credit, interest, loan, purpose, repayment

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• Offering help and information for homeowners facing foreclosure and challenges making their mortgage payments. (0)

“The best way to create a long term solution to this mortgage crisis is to work towards reducing the amount owed and the interest rate paid to create a realistic mortgage payment. It is fiscally irresponsible for lenders to pursue foreclosures rather than offering loan modifications or alternative solutions.”   

               Federal Reserve Chairman, Ben Bernanke

 

    Options available to homeowners unable to afford their current mortgage payments:For those borrowers desiring to save their home and avoid foreclosure, there is only ONE option.  ·        Loan Modification – taking your current mortgage and finding a way to make it work for you·       … Continue reading

Tags: foreclosure, home, house, loan, modification, mortgage

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