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Commercial Mortgage Financing
Ever wondered what you could do with a commercial mortgage?
Well, to be quite candid, there is a plethora of ways to make
use of a commercial mortgage. Such a mortgage can be used to
finance many different types of properties, so let's take...
Home Mortgage Low Interest Rate - Finding The Best Mortgage Rate
Interest rates are at an all time low, making now the perfect time to purchase a new home or refinance your existing mortgage. The interest rate you receive will depend largely on your credit rating, monthly debt, and your income. Mortgage loans are...
Poor Credit Mortgage Refinance - Refinancing Your Home After Your Credit Score Has Dropped
You can still refinance with bad credit, but you will need to
shop around. Each refinance application is looked at on an
individual basis. So even if you have bad credit, other factors
could qualify you for a low interest rate. However, if you...
Thoughts On Securing A Bad Credit Mortgage
Over spending, the endless nights of partying, eating out and more or less buying everything on a whim, has most likely put a dent in your financial situation and will affect how you live your life for years to come. Clearly, the best option is to...
Understanding a UK Commercial Mortgage
In many ways a commercial mortgage is just like a residential mortgage in that you pledge real property as collateral against a loan to either buy or refinance that property. You can also receive a commercial re-mortgage and use it as a line of...
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Mortgage Company Stops Foreclosure And Saves Family Home
“A bank is a place that will lend you money, if you can prove that you don’t need it,” Bob Hope once quipped.
But if you going through a bad financial spell, you need an institution that will stand by you.
Our office received a call early one morning from a man desperate to save his home and needed foreclosure help. He was already 90 days late on his mortgage and desperately needed to refinance and pull out money to pay off enormous debts. He had just started a new job where he actually was making less money than before, and was in a real financial bind. His poor credit made it difficult for him to even qualify for a loan, let alone a low interest rate. To make matters worse, the next day he received a notice of default on his property. This man was worried that his family would have no place to live. He was reassured that we would save his home and help him through this difficult ordeal.
We began immediately researching ways to help this client and found a lender
willing to work with him and save his home just in the nick of time. His mortgage payment stayed about the same and he was able to pay off more than $25,000 in other debts, which alleviated several hundred dollars in credit card payments every month. Most importantly, this man's house was saved and his family was in a much stronger financial position.
Banks tend to make loans that are risk-free to them. It is hard to imagine that any bank would have helped in this situation. But as a nationwide mortgage banker we have ongoing relationships with lenders that specialise in different types of loans. This knowledge saved a family home from certain foreclosure.
http://www.goldmedalmortgage5.com/Stop_Foreclosure.htm is a nationwide home mortgage loan company, powered by Infiniti Mortgage Capital.
For immediate assistance to stop foreclosure please call toll free 1 888 483 2500
About the Author
Camelot Marketing provides services to small to mid-range companies.
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