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Monthly Archive for March, 2009

Second Mortgage Holder Jerking You Around?

Published by Gina Pogol on March 13, 2009 in Foreclosure . 5 Comments

Today I spoke with a friend who is at her wit's end dealing with her two mortgages. She and her husband were fine until they were hit with economy-related work reductions and some unforseen expenses. Despite the fact that it would almost certainly be to their advantage to walk away from their home loans, ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (8 votes, average: 4.63 out of 5)

Foreclosure / Short Sale Pitfalls

Published by Gina Pogol on March 10, 2009 in Foreclosure . 2 Comments

It's bad enough that you can't pay your mortgage and have to go through foreclosure or a short sale. But it could get worse than that if you're not careful. The Ellis family, for example, went through a traumatic foreclosure and moved their family out of the home they had lived in for ten years. ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (12 votes, average: 5 out of 5)

Government Loans Are Great--But You've Gotta Pass a CAIVRS Check

Published by Gina Pogol on March 09, 2009 in New Home Loan . 72 Comments

Government mortgage programs are all the rage these days--mainly because that's where the money is. And unlike the crazy, water-tight underwriting of private mortgage programs, government mortgage lenders don't require that you provide a saliva sample and turn over your first-born child. However, there is one hard-and-fast test. You've got to get through a CAIVRS test. ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (28 votes, average: 4.96 out of 5)

Get an FHA Lender if You Want an FHA Mortgage

Published by Gina Pogol on March 02, 2009 in Mortgage Refinance . 5 Comments

FHA is the new subprime. Everyone wants the business, but not everyone can do these mortgages. However, some loan agents don't let that stop them--they tell you they can do an FHA mortgage, they take your application, and THEN try to refer it elsewhere (for a fee!) or broker the loan through an FHA-approved lender ...

1 Stars 2 Stars 3 Stars 4 Stars 5 Stars (9 votes, average: 5 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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