If The Whole Paycheck is Used To Pay The Loan - How Does One Live

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• Will Loan Modifications Count As A New Mortgage Loan

  Unlike a refinance, a loan modification doesn't pay off the current mortgage and replace it with a new one. Instead, it directly changes the conditions of the loan.

• Can This Remove A Mortgage / Home Loan

  Debt Removal Secrets will not work if one still possesses the home. A home is considered a secured debt because an asset can be seized. If the the home is no longer in one's possession, the debt / derogatory mark itself can be removed from the credit ...

• Can Assets Be Transferred If Payments Are Still Left (Mortgage or Loan)

  Yes, one can transfer assets with payments still left. For example, a car will have a Bill of Sale stating the loan amount left. A home will have the Quitclaim Deed showing the amount still remaining for the mortgage.

• Mortgage Insurance (MI) + Private Mortgage Insurance (PMI) vs Mortgage Protection Insurance (MPI) + Mortgage Insurance Protection (MIP)

  Both Mortgage Insurance (MI) and Private Mortgage Insurance (PMI) are a type of mortgage insurance one might be required to pay for with a conventional mortgage, which only protects the lender should the borrower stop making payments on the loan. ...

• I Have Friend/Family That's A Banking Loan Officer - Can They Be Used

  No, because this is not just a 'loan' that makes this process work so well. Assume that and end up in big trouble. The software is virtually required to see the road map that lays ahead. Second, proper structure and timing of the mortgage is ...