Archive for June, 2009

What is loan modification and how much does it cost compared to a refinance?

loan
Pamela T asked:


Is it easier to modify a loan if you don’t fit the underwriting guidelines for an FHA refinance?
Not in foreclosure; just have a high-interest rate ARM and too high of a DTI.
Thanks for your input.

 

How can I get a loan to pay off my bills while in college?

loan
TerpshigumsWooWoo! asked:


I am paying my way through college and working part time, but the bills are getting too expensive. I heard there are websites that bid on personal financing loans. How can I get a loan through one of these places or get a loan through other companies?