Sentences with phrase «to pay one's mortgage on time»

Job and history of paying mortgage on time is more important than a score.
Many homeowners pay their mortgage on time but are not able to refinance to take advantage of today's lower mortgage rates.
Borrowers can refinance their existing guaranteed loans without the need for an appraisal or a credit report as long as they have paid their mortgage on time for the past twelve months.
If you don't pay your mortgage on time or if your payment is for less than the amount that's due, you're in default on your loan.
Finding the right help can be a game - changer if you are struggling with paying a mortgage on time.
Some homeowners assume that because they have consistently paid their mortgage on time, they will automatically qualify for a new mortgage.
You can reduce the interest rate on your current mortgage without a full credit check, yet you need to have paid your mortgage on time over the last 12 months.
They're being diligent — they just want to be assured you'll not only pay your mortgage on time, but your other monthly expenses as well.
When you purchased your home, you had every intent of paying your mortgage on time every month.
Most of these homeowners pay their mortgage on time and take good care of their home.
A homeowner who pays his mortgage on time and is financially stable will probably have no problems waiting for as long as it takes for a buyer to purchase his home at the price he wants.
Aside from all this, and perhaps most importantly, the price and availability of credit and the value of our housing stock matter a great deal to current and prospective homeowners, the vast majority of whom pay their mortgages on time, take pride in their homes, form the basis of solid communities in America and have already seen their home values fall 25 % or more.
VA borrowers simply pay their mortgage on time, more so than other borrowers.
But what's missing from this analysis will be obvious to people who actually own a home: Households can struggle financially even while paying the mortgage on time.
WASHINGTON (CNN)- On the day that the Obama administration begins implementing a new program to fight home foreclosures, a new national poll suggests that most Americans think the plan is unfair to those who pay their mortgages on time.
The VA streamline is probably the easiest mortgage loan to qualify for and is designed to reduce a veteran's monthly payment as long as the veteran has shown the ability to pay the mortgage on time for the past six months and no more than one late payment more than 30 days past the due date within the previous 12.
Home Affordable Refinance Many homeowners pay their mortgage on time but are not able to refinance to take advantage of today's lower mortgage rates.
Remember, 97 % of all homeowners are paying their mortgages on time, its the 3 % that are causing the mess...
«These are people who played by the rules and paid their mortgages on time
A new national poll suggests that most Americans think the plan is unfair to those who pay their mortgages on time.
You earn it monthly every time you pay your mortgage on time, for up to five years.
Once borrowers acquire loans, they're contracted to pay their mortgages on time each month.
You must have the money to pay the mortgage on time every month.
When you pay your mortgage on time, you are helping your home to increase in value.
Failure to pay the mortgage on time will almost always result in the lender seeking permission to foreclose.
I pay my mortgages on time and never late on card payments, credit score of 735 and a ratio of 95 - 100 %.
Repeated failure to pay your mortgage on time can result in late fees, negative reporting in your credit history, and ultimately foreclosure.
Remember, 97 % of all homeowners are paying their mortgages on time, its the 3 % that are causing the mess...
Therefore, there is much more incentive to pay the mortgage on time each month at the risk of financial losses.
The VA also has minimum income requirements — just to be safe that you're not only going to pay your mortgage on time, but that you'll be able to meet your other monthly expenses as well.
The objective of the Home Affordable Refinance Program is to provide worthy homeowners who have demonstrated the ability to pay their mortgage on time the opportunity to get an improved interest rate on a new mortgage so the borrower can save a lot of money over time.
If a borrower can document to a FHA lender that reducing their interest rate to a competitive level of today's current FHA rates will increase the likelihood of them paying their mortgage on time, then the lender should approve the mortgage refinance and move on — Isn't that what a loan modification is any way.
Home mortgage payments: always strive to pay your mortgage on time, as banks take mortgage loans very seriously, and payments are almost always reported to credit agencies
Yep, he's paid his mortgage on time and is risen to new credit score heights!
Collectively, we were inundated with an endless deluge of human suffering and tragic loss, (mixed with the occasional Hollywood break - up story that for some reason the media have convinced themselves we really care anything about when we're just trying to pay our mortgage on time, jeez).
Many people do not want to share the liability of a mortgage with their ex-spouse because of personal reasons or because they do not trust their spouse to pay the mortgage on time.
Home loan data shows local buyers are getting good credit scores, forking over big down payments and paying their mortgages on time.
If you pay your mortgage on time every month, you're fine.
As long as you're paying your mortgage on time, I don't think any bank would want to rock the boat.
And he is paying a mortgage on time and repairing his credit.
The reasons show what's changed from 10 years ago: Home owners are paying their mortgages on time and few are seeking cash - out refinances.
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