Christine's Loan & Loan Modification Blog

Mortgage and Lending - American Capital Corporation
This blog is for informational purposes regarding California, Orange County, Los Angeles, San Diego, Riverside, San Bernardino Home Loans. It also includes information about loan modifications. None of the information on this site is provided as legal advice, and all loan modifications including California loan modifications are referred out to Attorneys. This site is a site of opinion only.
Under FHA, it is typical that banks accept a non-occupying co-borrower, especially for a base loan amount under $417,000.  However, once your base loan amount isabove that, not all banks allow the non-occupying co-borrower.  Make sure to double check with you bank on this one as it could hunt you...
I would have to say that ethics is a big reason for the financial meltdown, that includes GREED!  We all know that Wall Street stopped buying securities and thus the beginning of the credit crunch, which in turn started this whole meltdown.  The real cause of that is Wall Street was called onto t...
  According to the State Bar of California, the following California Loan Modification Attorneys have received numerous complaints stemming from loan modification business. At this time they are only under investigation and have not been found guilty of any wrongdoing, but if you have done busine...
Economy Hits Credit Card Companies Where it Hurts    Because of the lagging economy, credit card companies have been hit hard. High unemployment has lead to a large decrease in borrowing, as well as increasing the number of borrowers unable to make their monthly payments. As unemployment hovers a...
  Bank Foreclosures   Bank foreclosure real estate, also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction. The most common reason is negative...
  Forced to Move: Foreclosure or Short Sale?   If you are in a position where you are forced to move, say because of a job transfer, health reasons, or pending foreclosure, and you can’t sell your home, what are your options?   In reality, you probably can sell your home, just not for the amount ...
How Can A Short Sale Benefit The Seller? How would it feel to lose your dream home for no fault of your own? Financial problems due to loss of job, health problems, divorce, and taking care of family members all characterize each of our lives and none of us really know what will affect us when. W...
How much is My House Worth? Are you wondering "how much is my house worth?" I have two answers for you. First, if you don't really need to move, it is worth whatever you say it is. If you think, "I wouldn't sell this house for less than $300,000," then it is worth that much to you. If you need to...

Christine Hynes

Orange County Senior Loan Consultant
local_phone(877) 700-2567
smartphone(949) 632-4019
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