Sentences with phrase «timely mortgage payments»
You also typically need to prove you've made timely mortgage payments in the past 12 months.
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Months and years of timely mortgage payments... not only have they been paying down your house, they've been building up your collateral.
This arrangement requires timely mortgage payments on schedule, with an extra amount to rectify the delinquency in about 12 to 24 months.
«Timely mortgage payments boost your FICO score,» says Kurt Westfield, founder of WC Equity Group.
On Friday, August 31, I joined President Bush and Treasury Secretary Henry Paulson in announcing FHASecure, a plan to allow the Federal Housing Administration to make it easier for families with strong credit histories who had been making timely mortgage payments before their loans reset — but are now in default — to qualify for refinancing.
To qualify for an FHA streamline refinance loan, your loan must be at least 210 days old and you need to prove timely mortgage payments as you would for a HARP loan.
Homeowners that participate in post-closing counseling, and have a track record of timely mortgage payments, receive an additional 15 basis point reduction in annual MIP.
The Freddie Mac Relief Refinance Mortgage who are making timely mortgage payments but have been unable to refinance due to declining property values.
Making your second mortgage payment on time every month will help your credit scores go up because the timely mortgage payments weigh heavy with fico scores.
In addition, making your mortgage payment on time every month will help your credit scores go up because the timely mortgage payments weigh heavy with fico scores.
«The underwriter must review each mortgage as a separate and unique transaction, recognizing that there may be multiple factors that demonstrate a borrower's ability and willingness to make timely mortgage payments.»
Preforclosue simply means the owner's lender has filed a NOD (notice of default) and if enough time has elapsed, a NTS (notice of trustee sale) for failure to make timely mortgage payments.