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Articles, tagged with "loan terms", page 1

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What is Loan-to-Value (LTV)?

04th June 2013
If you have ever shopped for a home loan, you probably have heard the term LTV, which is an acronym for loan-to-value. LTV is a major consideration for mortgage lenders because it is directly related to the risk of loss if they give you a loan and you sto... Read >
Author: M Robert 2011

Loan Modification Hardship Letter Tips And Advice

11th February 2010
A Loan Modification Hardship Letter will paint a picture of your family's current financial position. The federal stimulus plan requires that you simply be facing a hardship situation in order to be eligible to apply for a mortgage workout. This very aggr... Read >
Author: Bobby Mason

Loan Modification Hardship Letter - How To Write A Successful One

12th August 2009
Mortgage modification loan is helping more people to prevent foreclosure. Especially for those that are not suitable for standard refinancing, loan modification is a choice to avoid you losing your house. The most important part of any application to arra... Read >
Author: Jennifer Hayes

Loan Modification - Avoid The Scams

07th July 2009
If you are behind in your mortgage payments, you will be contacted by many people who will offer to provide a loan modification with your lender. What is a Loan Modification? That is where you and your lender agree to modify one or more of the terms of... Read >
Author: Author Unknown

Having Trouble Getting Your Litton Loan Modified?

17th April 2009
Litton Loan Servicing is a major loan servicer based out of Houston, Texas. They service approximately $60 billion in subprime loans, or troubled loans with problem borrowers. If you have a mortgage loan serviced by Litton and are having financial difficu... Read >
Author: dlegaspi

Rebuild Your Life With A Fresh Start Loan

04th November 2008
Past financial mistakes have ruined your life? Your credit score does not allow you to obtain financing from traditional sources? You do not need to despair; you are definitely not alone in this predicament. Hundreds of thousands Americans are seeking eve... Read >
Author: Amanda Hash

11 Alternatives to Foreclosure in California

21st October 2008
When you are a California home owner facing financial hardship, it is important to act immediately to protect your home from being sold at auction. California is a trust sale state, which means that your bank doesn't have to go to court prior to auctionin... Read >
Author: Michael Patrick Rooney, Esq., Broker

Advantages and Disadvantages of an Unsecured Personal Loan

01st October 2008
Unsecured personal loans have a few advantages and disadvantages for borrowers. Unsecured personal loans do not require collateral so you are not at risk of loosing personal property if you default on the loan. Unsecured personal loans also give you full ... Read >
Author: 1amerigo

Legal Requirements For A Personal Loan

24th September 2008
When it comes to loans, there are several different types of loans that may or may not be available to you in a given circumstance. One type of loan is what is known as a personal loan. A personal loan is a simple and straightforward type of loan in which... Read >
Author: David Doyle
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