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Monthly Archive for July, 2008

My Lender Is in Trouble. Am I?

Published by Gina Pogol on July 09, 2008 in New Home Loan . 6 Comments

These days it seems as though mortgage lenders are dropping like flies. So how does it affect you if your home loan company goes belly-up? It depends on whether you have a preapproved loan and are still house-shopping or are already making payments. Your response to the news is also driven by the reason for ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (27 votes, average: 4.96 out of 5)

Is Foreclosure Necessary?

Published by Gina Pogol on July 07, 2008 in Foreclosure . 3 Comments

Foreclosure is a nasty process. The stress on families has been well-documented. So has the turmoil it visits on neighborhoods. And it's expensive for the lender. So who in the world does foreclosure benefit? All of us. Before you CLICK to get away from this obviously psycho blogger, pull out your credit card statements. Look at ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (21 votes, average: 3.43 out of 5)

Virginity Restored? How to Be a First-time Homebuyer Again

Published by Gina Pogol on July 03, 2008 in New Home Loan . 4 Comments

Once you joined the ranks of homeowners, are you permanently locked out of all first time buyer benefits? Or is it possible for you to regain access to the benefits of being a home-buying "virgin"? According to HUD it is. Here's how this agency, which administers FHA loans and whose definition of first-timers is cited ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (13 votes, average: 4.77 out of 5)

First Timers May Finish in First Place with New Housing Bill

Published by Gina Pogol on July 02, 2008 in New Home Loan . 6 Comments

A new housing bill that was targetted for submission to the White House for signature has been stalled in Congress (surprise, surprise), so we probably won't get a look at the final version until after the holiday. One provision in the bill as currently written is an $8,000 tax credit for first time home buyers. Tax ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (39 votes, average: 4.77 out of 5)

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About Mortgage Credit Problems

Specializing in Bad Credit Mortgages… Because Life Doesn’t Always Turn Out Like You Planned. A sick child, a few late bills, or an unexpected expense can easily get you off track and your credit may suffer, but we don't think you should miss out on the opportunities available to everyone else.

Gina Pogol

Gina Pogol

About the Author:

Gina Pogol writes for an online media company about mortgage and finance. In addition to a decade in mortgage lending, she formerly consulted for Experian and other credit bureaus, and worked as a tax accountant for Deloitte. She has a BS in Financial Management from the University of Nevada.

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