A loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and conversion of an adjustable rate mortgage (ARM) to a fixed loan, typically a 30 year fixed.
These days, it seems like everyone is purporting themselves to be a Loan...
Obtaining capital in this tight money market is easier said than done these days. As more and more banks go belly up, lenders are increasingly making it more difficult to obtain capital. I will show you how it is possible, even in this market, to obtain unsecured business funds without having to show business bank statements, tax returns, balance sheets, profit and loss statements, etc....
The U.S. Small Business Administration has announced the SBA's Patriot Express Pilot Loan Initiative for veterans and members of the military community wanting to establish or expand small businesses. Loans are available up to $500,000 and qualify for SBA's maximum guaranty of up to 85 percent for loans of $150,000 or less and up to 75 percent for loans over $150,000 up to $500,000. For loans...
Flying private certainly has its perks. Why have to deal with all the headaches that come along with flying commercial. Just imagine...No crowded terminals. No long lines. No annoying neighbors snoring next to you. No lost luggage!
When you fly private, expect to receive 5 star service. Most terminals have private waiting rooms, complete with bedding, showers, private bathrooms and your very...
Over 2 Million American families have found themselves to be an unlikely statistic as foreclosure rates continue to skyrocket, even causing some lenders to fail. Fannie Mae and Freddie Mac needed a "bail-out" of themselves from the government. It's getting bad with yet another wave of foreclosures set to begin in 2009.
Many of these will be Pay Option Arm borrowers. This is the Negative...
The industry of private jet travel has become so efficient that the price is very often not as much as you would imagine. Utilizing the services of a private charter jet broker is the preferred method for most blue chip corporations and celebrities. Most people who can actually afford to fly private don't realize how affordable it can be.
For instance, flights start as little as $1,200 an...
In today's tough economic times there are millions of families across the U.S. facing the imminent prospect of foreclosure who are not aware that a loan modification is available to save their homes. Many of them are on Negative Amortization Loans, also known as Option Arms, 2/28's, 3/27's and 5-year interest only programs. These loan programs are infamously known as ARM's or Adjustable Rate...
