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Debt Relief – Insolvency – Bankruptcy Information » Entries tagged with "program"

Refinance your mortgage with the help of the government- Harp Program

Article by giovanni lambrusco Maybe you didn’t get a refinance with a traditional refinance bank, because the value of your home has decreased? Or maybe you owe more on your mortgage than your house is worth? Then the Home Affordable Refinance Program (HARP) may help you to refinance your mortgage. Many homeowners try to refinance their mortgage but are failing for many reasons. Whether you watch the financial news on CNBC or Bloomberg TV,  I’m sure you’ve heard about the existance of certain government programs aimed at helping home owners who cannot take advantage of cheap mortgage rates, just because they don’t qualify to refinance their mortgage. This “HARP loan program” is a great chance for property owners with mortgages owned by either Fannie Mae or Freddie Mac. Are You Considering Re-Financing? Homeowners who … Read entire article »

Filed under: Debt Relief, Mortgage Refinancing

Importance of Home Affordable Refinance Program Rates

The government and private companies have introduced harp program which help the people to deal with negative equity using good home affordable refinance program rates. There are many people who are unable to pay their mortgage. The reason behind it can be their unemployment, loss in business, high inflation or any other unexpected reason. Due to all these reasons people face bad credit history. Looking at this condition of the people the term refinancing was introduced. It is the term in which the borrower decides to pay his current loan through the new loan plan. Harp program is a key solution to the people who face negative equity. The harp stands for home affordable refinance program. This program has been serving people since so long. This program includes many different factors. Interest … Read entire article »

Filed under: Mortgage Refinancing

The Home Affordable Refinancing Program

Article by Pepple Holli Many homeowners try to re-finance their mortgage but aren’t succeeding for many reasons. Whether you observe the financial information on CNBC or Bloomberg Television, or listen to a nearby radionews, I’m sure you’ve heard about the particular existance of government plans aimed at helping homeowners who cannot reap the benefits of low mortgage rates, given that they don’t qualify to refinance their mortgage. This kind of “Harp loan program” is a fantastic opportunity for property owners with mortgages owned by either Fannie Mae or Freddie Mac. Maybe you didn’t get a refinance having a traditional refinance standard bank, because the value of your home has declined? Or maybe you owe more than the marketplace price of your house? Then a Home Affordable Re-finance Program (HARP) may help you … Read entire article »

Filed under: Mortgage Refinancing

The Home Affordable Home refinance Program

Article by Pepple Holli Many homeowners try to remortgage their mortgage but aren’t succeeding for many factors. Whether you enjoy the financial media on CNBC or Bloomberg Tv set, or listen to your neighborhood radionews, I’m sure you’ve heard about your existance of government packages aimed at helping homeowners who cannot take full advantage of low mortgage rates, simply because don’t qualify to re-finance their mortgage. This specific “Harp loan program” is a fantastic chance of property owners with home loans owned by either Fannie Mae or even Freddie Mac. Maybe you failed to get a refinance using a traditional refinance traditional bank, because the value of your house has declined? Or you owe more than industry price of your house? Then this Home Affordable Remortgage Program (HARP) may help you to … Read entire article »

Filed under: Mortgage Refinancing

Home Refinance Program Guidelines

It is suggested you gain the benefits provided through Making Home Affordable Program which is support with the federal government, and reorganize your present mortgage loan to make it more reasonable to pay back. The Making Home Affordable Program consists of two major parts: The Home Affordable Modification Program (HAMP) This alternative makes it achievable to reorganize or modify your obtainable mortgage loan, and make it additional reasonable to pay back with reducing the monthly repayment amount and/or lengthen the loan repayment time or the loan term. The Home Affordable Refinance Program (HARP) The HARP mortgage refinancing alternative supports the refinancing activity that makes it likely to modify your obtainable mode of mortgage rate of interest, and make your repayment alternatives simple to provide. One has to turn out to be qualified, or eligible … Read entire article »

Filed under: Mortgage Refinancing

How To Get The Right Credit Card Debt Consolidation Program For You

Article by Floyd P. Dietz You are in a large amount of credit card debt. As such, you need to find a way to pay your regular bills, plus your credit card. You have been seeing various advertisements for credit card debt consolidation programs, but are unsure as to whether they really work. Yes, they can work, but you need to know the red flags too. Credit Card Debt Consolidation Programs: Do Not Get Scammed! With all of the credit card debt consolidation programs being advertised, you can generally figure out which ones are scams. These are marked by poorly produced commercials, or a promise that sounds too good to be true. Unfortunately, there are some people who fall for the particularly unsafe credit card debt consolidation programs. These same people, instead of getting … Read entire article »

Filed under: Credit Card Consolidation

The Requirements For The Making Home Affordable Modification Program

Article by Scott Pasinski You might have heard of the new Making Home Affordable Modification Program that is provided for all homeowners out there. This allows them to modify their payments to prevent any future delays in their mortgage fees. People who are still on time when it comes to their mortgage payments can still apply for this plan. More importantly, this is a good option for people who are really having trouble when it comes to their payments. What are the requirements for the Making Home Affordable Modification? 1. The home should be the primary residence of the applicant. Rest houses or secondary properties are not accepted for the program. 2. People who are currently experiencing problems with their payments. It may be that they have lost their source of income, reduction with … Read entire article »

Filed under: Mortgage Refinancing

How Could I Benefit From A Credit Card Debt Consolidation Program?

Article by Suzy Vanstrusen Copyright (c) 2010 Suzy Vanstrusen There are different ways to solve credit card debt problems. On of which is through a credit card debt consolidation program. How does such program works? Will it really help you? However, almost all finance experts would agree that debt consolidation can assist consumers in finally paying off their existing credit card debts. These professionals know the benefits of consolidating credit card debt and for sure they will encourage people with less than perfect credit scores to try out this credit program. In order to know more about credit card debt consolidation, we encourage you to continue reading this article. Below you will find some basic information about this option and the benefits that you can get from using debt consolidation in settling your card … Read entire article »

Filed under: Credit Card Consolidation

Home Affordable Refinance Program: Helping the Under-Water Homeowner

Article by Bret Pippen The Home Affordable Refinance Program also referred to as “HARP,” helps homeowners refinance their mortgage who otherwise might not qualify. If you’re current on your mortgage payments, but your home’s value has fallen to a point you owe more than your home is worth, this program may help. Current market conditions have slammed home values especially hard. And, many responsible homeowners have been unable to get traditional refinancing. HARP is designed to help by providing eligible homeowners with more affordable, stable mortgages. The Home Affordable Refinance Program is part of the federal government’s “Making Home Affordable” initiative. According to President Obama, the goal of HARP is “to provide access to low-cost refinancing for responsible homeowners suffering from falling home prices.” By refinancing, responsible homeowners may improve their financial positioning. The … Read entire article »

Filed under: Mortgage Refinancing

Loan Modification Eligibility Requirements under Making Home Affordable Program

Article by Simon Volkov Borrowers who desire a loan modification might qualify for Obama’s Making Home Affordable programs. Lender participation is voluntary, so borrowers should first contact their mortgage service provider. Once lender participation is verified, borrowers should take time to understand how Making Home Affordable programs work and the process involved.   Homeowner’s must meet loan modification eligibility requirements and undergo a financial audit. Mortgage lenders must verify income to determine if borrowers can afford modified loan payments. Borrowers are subjected to a loan approval process similar to the one they underwent when originally applying for the home loan. Homeowners should organize financial records prior to apply for a loan modification. Lenders usually require payroll records, bank statements, list of expenses and a current tax return. Some lenders require borrowers to provide IRS … Read entire article »

Filed under: Mortgage Refinancing

Making Home Affordable Program and His Refinance Part

The making home affordable program consists of two main parts: the home affordable modification program (HAMP) and the home affordable refinance program (HARP). The difference between HAMP and HARP Between those two variants there are no many differences. They are both about making the monthly payments affordable for the house owner in order to avoid foreclosure. HAMP will realize this through the modification of the interest rate and/or extending the loan repayment time. Harp will use refinancing as a tool to reduce mortgage interest rate. Home affordable refinance plus program may sometimes consist in a second mortgage when the equity is big enough. How does HARP work in practice? As you may know, when it comes to practice a lot of paperwork brake social programs from its straight course. Home affordable refinance application process did … Read entire article »

Filed under: Mortgage Refinancing

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