What is a mortgage remodification?

Answer In December 2009, 13.2 percent of homeowners were behind on their mortgage payments or had their homes in foreclosure. In some cases, loan modification can help a homeowner prevent foreclosure.The ... Read More »

Top Q&A For: What is a mortgage remodification

How Often Can You Apply for a Loan Remodification?

When you arrange for a loan modification or remodification, your lender agrees to change the terms of you loan agreement. As with applying for a new loan, no limits exist on the number of times tha... Read More »

Can i qualify for a mortgage before i sell my home&satisfy the existing mortgage?

On One Hand: The Hard WayIf your credit history and financial situation are good enough, you can qualify for a mortgage on a second property. This will work just as if you were buying a second home... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »

Does Saxon Mortgage have a grace period for mortgage payments?

According to Saxon's website, the mortgage lender does have a grace period for mortgage payments. If a borrower goes past his grace period, Saxon assesses a late fee. The company offers online paym... Read More »