Negotiating With Your Bank on Home Foreclosure

Home foreclosure is the act of foreclosing a home for non-payment of mortgage, either by the mortgagor or the bank. 사업자아파트담보대출 Foreclosures can be legal or illegal depending on the state where the property is located. The first thing that you need to do is to seek legal assistance from a foreclosure lawyer who will… Continue reading Negotiating With Your Bank on Home Foreclosure

How to Calculate the Cost of an Amortized Loan

In real estate and other related financing, an amortized loan is basically a loan in which the value of the collateral on the debt is reduced over time, usually through equal installments. 부동산담보대출. Because the payment schedule is based on the principal amount remaining at the end of each month, the payment amounts will gradually… Continue reading How to Calculate the Cost of an Amortized Loan

How Does a Mortgage Broker Work?

A mortgage broker is a financial professional who facilitates mortgage loans for people or companies. 부동산담보대출. In general, a mortgage broker performs these functions: he forwards loan applications to underwriters; he collects information from the underwriters and presents loan offers to clients; he provides mortgage brokers’ services (approval, negotiation, servicing, closing) to his clients. The mortgage… Continue reading How Does a Mortgage Broker Work?

Calculating the Cost of a Bankruptcy Filing

In most cases, it is impossible to determine bankruptcy cost accurately because it varies from case to case. The calculation of the bankruptcy cost, however, is based on information provided by you, the debtor, regarding your ability to pay and the impact of bankruptcy on your lifestyle. Most importantly, bankruptcy will hit your credit report… Continue reading Calculating the Cost of a Bankruptcy Filing

Multifamily Construction Loans

Multifamily Construction Loans Multifamily construction loans are a great way to finance the major costs associated with a multifamily community or housing project. Multifamily mortgages are usually referred to as an Amortization-Loan or ARM Loans. The loan is typically long term with a fixed interest rate, principal balance, and various points. 빌라담보대출. Multifamily lenders use… Continue reading Multifamily Construction Loans