How to Find a Mortgage After Foreclosure?

Answer It is possible to get a loan for a mortgage after you have had a home go into foreclosure. Unfortunately it may take a few years after your foreclosure, and the criteria needed to qualify for a new... Read More »

Top Q&A For: How to Find a Mortgage After Foreclosure

What is mortgage foreclosure ?

A mortgage foreclosure is when the lender takes back or repossesses a home when a borrower is late with payments. The time frame to start the foreclosure process can vary from lender to lender.Sign... Read More »

What happens to a second mortgage after foreclosure?

When a first lender forecloses on a property without enough equity to pay the second mortgage, the second mortgage loses its security interest in the property.Recourse LoanA recourse loan allows a ... Read More »

Can a second mortgage go into foreclosure?

Second mortgage loans, which include home equity loans and lines of credit, are secured by real property and can be foreclosed upon. Failing to make payments on a first or second mortgage can lead ... Read More »

Should I Let My Arm Mortgage Go Into Foreclosure?

Nurses not only work with doctors and other medical professionals, but they are often the first point of contact for patients and their families. Nurses work with patients on an intimate basis, and... Read More »