Will the selling of a house affect enrolling in a home retention program?

Start-ups loans new battleground
"I think you'll find that no-doc business loans just don't exist anymore, look cheap " Reade says. The chief executive of the Council of Small Businesses of Australia, advice Peter Strong, ambulance says focusing on start-ups ignores the significant change many existing businesses …
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California Leads U.S. Out of Housing Bust It Started: Mortgages
California, the birthplace of subprime mortgage lending, saw an explosion of foreclosures thanks to such industry innovations as “no-doc” loans that required no proof of income. The state's recovery is mirrored by U.S. home values that rose 1.2 percent …
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EDA looks into billboards
During their regular meeting, commissioners voted to extend revolving loan No. 90 (Doc's Blue Moose) for three years. That means the original $ 50,000 balance will be rolled over for another three-years, and during that time, the business will make …
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Question by Siva: Can I use 3 diiferent keywords to come to my home page in link wheel process?
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Please give an idea to that. my site is related to marriage. my target keywords are marriage, matrimony and tamil matrimony. Can i give a back link to my home page to those keywords? and how many links are available in link wheel?
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Best answer:

Answer by Dennis
Yes only use those keywords directly to your website and don’t use them in your link wheel to link to other pages inside your link wheel. Use related keyword for this but NEVER use your 3 keywords to other pages then your main site. You can make as many links in your link wheel, it really depends on how big your link wheel is.

What do you think? Answer below!
Freddie Mac Resisted Mass Refinancing Programs
Freddie and Fannie maintained and erected barriers to refinancings when the Obama administration launched a program in early 2009 specifically designed to make refinancing more accessible — the Home Affordable Refinance Program, no rx or HARP. Freddie …
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Question by divinemadness: Where do I find government programs to buy a house?
What are the government programs and where do I find them to buy a house with no downpayment credit scores of 718, viagra 626, and 509. Thanks!
work historys: 718 credit= 7 years, 626=16years, 509=1 year

no rental contract..we rented from a friend…we regret him not having a contract now..we know we know….
Income is about 100,000 gross yearly for all 3 of us
we are working with a realtor now and looking at properties in the 200,000-300,000 range—need to be moved out of our current house because its been sold from underneath us in about 2-3 months time

Best answer:

Answer by W. E
With your credit scores you could get 100 percent 1 loan – and not have to use the government programs. Here are some sites to check out for the downpayment assistance if you would like to look them over.

Http://www.ameridream.com

Home

How is your income? Job time? Rental History? Here is another site to check out.

Welcome to the USDA Income and Property Eligibility Site

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

1. This site is used to determine eligibility for certain USDA home loan programs. In order to be eligible for many USDA loans, household income must meet certain guidelines. Also, the home to be purchased must be located in an eligible rural area as defined by USDA.
To learn more about a USDA home loan program, click on the Loan Program Basics link on the left side of this screen and select one of USDA’s home loan programs.
To determine if a property is located in an eligible rural area, click on the Property Eligibility link on the left side of the screen and select a Rural Development program. When you select a Rural Development program, you will be directed to the appropriate property eligibility screen for the Rural Development loan program you selected.
To determine income eligibility of an applicant/household, click on the Income Eligibility link on the left side of the screen and select a Rural Development program. When you select a Rural Development program, you will be directed to the appropriate income eligibility screen for the Rural Development loan program you selected.
To find out how to apply for a Rural Development Loan, click on the Contact Us link on the left side of the screen and then select a Rural Development Loan program.

Talk with a broker, a broker underwrites for many company’s (I underwrite for 150 companies) so I only have to pull credit 1 time, and they look at my credit. A single lender (not a broker) has programs available, but they may not be able to help you and your situation, so you go elsewhere, and than that person pulls your credit (see what I mean.) FHA/VA approved too. If you shop, your credit is pulled and that is considered a soft pull, for a 30 day period. Just like shopping for a auto, it is good for 30 days. If you apply for a credit card, that is considered a “hard” pull and it drags down your credit score. When looking for a home &/or refinancing, please do not apply for a credit card, Department Charge Card, Gasoline Card or make any major purchases, like a auto, etc. This will pull your credit down.

By the way, a loan application is called a 1003, and they will issue you a GFE (Good Faith estimate, with-in 3 days, that is per the RESPA laws, and the TIL (Truth in Lending). The GFE will tell you the up-front closing cost associated with your loan. The TIL will tell you the terms, rate associated with your loan. This is a estimate only – not the final – but it does help you figure things out

Added: Your income is there – you could afford what you are looking at with no problem. And the interest rate would be awsome. Good Luck to you.

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Question by John: Will the selling of a house affect enrolling in a home retention program?
Our house is up for sale. Our mortgage company is ready to enroll us in a loan modification program. Should the fact we want to sell, this site affect ours or their decision to modify the loan? Is it worth modifying to lower the payments till it sells? Or should we negotiate a lower payment till it is sold?

Best answer:

Answer by Tigg
No getting the modification if the home is for sale.

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