Downtown Beaverton (Beaverton, OR)
By Steve Schneider
(First American Consulting)
 I keep hearing about incredible low low mortgage rates... I’d like to know who are getting these historic low interest loans!!! Here’s the truth; the people who really need the help are being turned away in droves.  It’s like watching a heard of majestic elk being hunted down, and driven over a cliff to their death! It sounds extreme right? The fact is, if you have an adjustable rate mortgage that required 100% financing, and if your rate is about to go up with zero appreciation…you are definitely heading for that cliff! More often than not, the reason for not qualifying for a low interest mortgage is not a credit issue but rather a lack of value issue.  You might be shocked when you learn that 10 or so of your neighbors lost there homes to foreclosure.  Since those homes were sold un...
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By Steve Schneider
(First American Consulting)
<!--body { font-family: Arial, serif; font-size: 14pt} A:visited {color: #3E5CAA} A:hover {color:#6984C9} A:link {color: #3E5CAA}--> The loan Modification experts "The HomeSaver Prgram"        Blog of the Day What Is A Loan Modification?A Loan Modification is a negotiation between a lender and a borrower whereas the loan terms are restructured without refinancing.  The rate and terms of your loan are restructured to fit your current financial situation.  In these market conditions, the banks and lenders have been mandated by the president to do everything they can to work out a payment plan with their borrowers. This is a great thing for today's borrowers, especially for those who are running late on their payments or are having trouble making them on time.The banks and lenders woul...
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