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 »

What Do Mortgage Companies Charge When a Home Mortgage Is Paid Off?

Selling or refinancing a home usually involves paying off an existing mortgage. In calculating a payoff, which will satisfy and zero out the balance, all unpaid fees and interest must be included, ... Read More »

What is the difference between a mortgage and a second mortgage?

A mortgage is a home loan. There are numerous types of home loans. However, the two most often procured are first and second mortgages. Each type of mortgage has different rules and regulations.Sig... 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 »