Experts recommend that you don’t spend more than a third of your monthly income repaying your mortgage. Doing so puts you at the risk of defaulting while lowering the quality of life. Unfortunately, over 39 million American households did hear this clarion call, and they struggle to afford their homes. Don’t let this happen to… Continue reading Make Mortgage Application a Breeze in 2 Simple Moves
Tag: Loan
Breathing Underwater With HARP Loan
To substantially reduce mortgages, borrowers may opt to refinance at a lower interest rate and/or increase payments on the mortgage. However, in cases where the house has lost its initial value as shown through a high LTV or loan-to-value ratio, borrowers may choose to apply for a HARP or Home Affordable Refinance Program loan from lenders like Primary Residential… Continue reading Breathing Underwater With HARP Loan