Archive for the 'Mortgage Refinance' Category

Have a CountryWide Subprime Mortgage? You May Be in Luck!

Published by Gina Pogol on March 25, 2010 in Mortgage Refinance . 0 Comments

Yes, this is not a typo. Although you may never have expected to be thankful for that %^%*%* CountryWide loan, now you can be. Bank of America, which found itself the proud (?!) owner of some twelve million CountryWide home loans when it bought the company, has announced that it will cut some 45,000 CW ...

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Can't Refinance with Bad Credit? Maybe You Can Modify

Published by Gina Pogol on March 25, 2010 in Mortgage Refinance . 0 Comments

Times are tough, and if you had bad credit when you got your mortgage, you might still have bad credit and be unable to refinance. However, if your mortgage is causing you some hardship and you are in danger of defaulting, contact your mortgage lender about a loan modification. Check out Making Home Affordable If your ...

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FHA, Hope for Homeowners Offer Help to People with Bad Credit Mortgages

Published by Gina Pogol on March 18, 2010 in Mortgage Refinance . 0 Comments

FHA mortgage applications in February increased by 31% over January, with over 165,000 applications. Of the refinance applications, 79.7% were converted from conventional mortgages to FHA or participating in the Hope for Homeowners program. H4H may be getting more support from lenders as its potential for minimizing lender losses becomes more apparent. Amherst Securities Group ...

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Have a Subprime Loan? You Can Probably Modify It

Published by Gina Pogol on February 25, 2010 in Mortgage Refinance . 0 Comments

Those with subprime mortgages got caught in a trap not of their own making. Everyone, including this blogger, told you to go ahead and get the 2/28 or the 3/27 mortgage, spend the next two or three years cleaning up your credit, and then you'd be able to refinance into a prime conventional or FHA ...

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Is Equity Stripping X-Rated?

Published by Gina Pogol on February 05, 2010 in Mortgage Refinance . 0 Comments

Here's a mortgage scam disguised as a good deal. Your dear Great Aunt Martha calls you to crow about her new mortgage -- she cut her payment in HALF! Isn't that wonderful?! Well, maybe not. She might have just gotten stripped. What do I mean by stripped? No, the lender didn't get to see Great ...

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Do You Have an Interest-Only Mortgage? Contact Your Lender

Published by Gina Pogol on January 12, 2010 in Mortgage Refinance . 0 Comments

If you have an interest-only mortgage and you've been making the payments for a few years, you need to take another look at your loan, grab a mortgage calculator, and start working on your future. Your payment may be about to go up. A lot. Interest-only mortgages were popular because they allowed borrowers to get ...

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2010 Mortgage Disclosures to Be "X Rated"

Published by Gina Pogol on December 23, 2009 in Mortgage Refinance . 0 Comments

HUD Feels Your Pain--And Does Something About It Shopping for a refinance mortgage in 2010? You can lose the Advil--comparing mortgage quotes won't be causing any headaches after January 1st, 2010. The new forms are easy to understand, and all the important stuff is right up front. In 2010, you won't have to wade through ...

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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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  • Gina Pogol: Yes there is. Check any updates you get in the mail from your card issuer, and look for changes like new fee policies....
  • Gina Pogol: Ye, we heard the phrase "skin in the game" more times than we could count (although one journalist made a valiant...
  • Gina Pogol: FHA allows you to qualify for a mortgage 2 years after a bankruptcy discharge. Keep in mind though that you must...
  • Gina Pogol: Rachel, it's not that hard and fast--paying the smaller ones and letting the larger ones go--for example, always pay...
  • Gina Pogol: Alan, thanks for the question. When referring to the $7,500, we are talking about Federal income tax, not property tax....