What is loan foreclosure?

Answer When you sign a mortgage loan agreement, you must adhere to the terms and conditions of your mortgage contract. Your failure to do so may result in a mortgage loan foreclosure.FactsA mortgage loan ... Read More »

Top Q&A For: What is loan foreclosure

If I Had a Foreclosure on a VA Loan 30 Years Ago That Wasn't Restored, Can I Get a Home Loan Now?

A VA home loan is a mortgage insured by the Department of Veteran's Affairs (VA). Guidelines for VA loans are altered on a continual basis for general qualifying purposes; however, the guidelines i... Read More »

How to Buy a Foreclosure House With a Loan?

For those with credit good enough to secure a mortgage loan, a struggling housing market presents the opportunity to buy a foreclosed upon home at a discount. Fortunately, buying a house in foreclo... Read More »

Can you get a mortgage loan after a foreclosure?

On One Hand: You Can Get a MortgageWhile having a foreclosure on your record certainly does not bode well for your immediate future mortgage opportunities, a foreclosure will not shut you out compl... Read More »

How to Stop a Foreclosure With a Guaranteed Loan?

If you are facing foreclosure on your home, the federal government may be able to provide assistance through the Home Affordable Modification Program. The program is designed to help individuals av... Read More »