I think we all have said that at one time or another. My business is coaching businesses that rely on bank’s for financing and I too get angry once in a while. But my role is to teach my clients how lending works and what they need to do to communicate and keep their financing […]
I have been reading about the mortgage deals Obama is proposing for folks whose home values are less than their mortgage balances. As I understand it, he wants to get lower rate financing for these folks that are current on their mortgages and would like a lower payment on their loans. I don’t understand how […]
A baffling Mortgage loan situation Today a business client told me this story about his mortgage loan. I will make up some numbers to illustrate the situation. He has a mortgage of $200,000 on a home that is valued at $175,000. His payments are current with on the mortgage. He wants to sell the home […]
