03
Jun
By Adrian Willanger
Home Selling Tips, ,

Getting Approval for a Short Sale

If you are struggling to make your mortgage payments and facing the possibility of foreclosure, you're not alone and you are not out of options. One path worth considering is a short sale, which can help you avoid the long-term impact of a foreclosure on your credit report. As a mortgage originator, I have helped many homeowners navigate this process. A short sale occurs when your lender agrees to accept less than the full amount owed on your mortgage to settle the debt. In this scenario, you sell your home for less than the remaining balance on your loan, and…
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22
Sep
By Jim Hasek
Mortgage Tips, ,

Understand Coronavirus Mortgage Relief Options

The coronavirus pandemic has impacted everyone. For homeowners, they might be wondering how they are able to keep up with their mortgage in light of shelter in place orders, financial difficulties, and unemployment problems. Federal agencies and regulatory authorities are putting relief measures in place during the pandemic to help people who might have trouble keeping up with their mortgage. When it comes to coronavirus mortgage relief, there are a few tips that everyone should keep in mind.  Talk To The Lender First The first step is always to talk to the lender directly and see if there are relief…
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