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Save Your Home Tour in Las Vegas – No Money Down Loan Modifications and Bankruptcies to be Offered
Posted on July 31st, 2011 No comments
Save Your Home Tour in Las Vegas – No Money Down Loan Modifications and Bankruptcies to be OfferedLas Vegas, NV (PRWEB) November 26, 2009
With the holiday season upon us, we sometimes lose sight of the plight of others. BOSS Loan Modifications, LLC (NV Lic.#3342) has announced its sponsoring a truly unique program called the “Save Your Home Tour” in the spirit of helping those who may be suffering as a result of the economic crisis. BOSS Loan Modifications, in affiliation with Gene Burns and attorney Andy Driggs of the Driggs Law Group and attorneys Aaron Yen and Marco Sanchez of BOSS Business Services will be offering “No Money Down” loan modifications services and bankruptcy services to attendees at these free tour events. “We are planning 4 events at locations around Las Vegas” said Emitt Samon, the Principal Manager with BOSS Loan Modifications, LLC. He added “It looks like December 8th will be at the Green Valley Ranch in Henderson and December 10th will be at the JW Marriott in Summerlin.” Event times are scheduled at 1pm and 7pm on both days, but check the website for any changes at http://www.bossloanmodifications.com.
“If you have a home and are are struggling to make payments or you are behind in payments, you should come to the events to see what options are available to you,” said Samon. Attorney Andy Driggs adds another diminsion to the Save Your Home Tour by offering folks the opportunity to seek bankruptcy protection without having to pay enormous up-front legal fees. Sometimes you need a fresh start. Samon concluded, “With no money down, people can be helped that would otherwise have to go it alone.”
How do people register? There is a dedicated registration hotline (702-487-3818), you can call the BOSS Loan Modification offices (702-487-3777) or you can register online at http://www.bossloanmodifications.com.
About BOSS Loan Modifications, LLC:
BOSS Loan Modifications is affiliated with BOSS Business Services, a Las Vegas company that has been serving the valley since 1993. BOSS Loan Modifications was one of the few companies that passed the rigorous requirements to obtain a loan modification license in Nevada (License Number 3342). It is the only Nevada Company offering No Money Down – No Risk – Loan Modifications for homeowners.###
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How do Mortgage loan officers make their money?
Posted on May 20th, 2011 No comments
Question by Bri up: How do Mortgage loan officers make their money?
I’m getting a mortgage loan through a mortgage company but the guy that is giving me the loan seems a little bit to excited. How much money is he making off of the loan of 170,000 and what should I look out for?
Best answer:
Answer by healthspot_2000
We are on commission only. He is making 1% on the front which is the origination which equals 1700, if he is not making any money in the rate (on the hinder) more than likely he will make more money on the front (in the origination fee)
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Second Mortgage and Home Equity Loan Foreclosure
Posted on March 22nd, 2011 No comments
Claude Ellesmere asked:
Ever since the bottom fell out of the real estate market a couple of years ago people have been running into trouble trying to keep up with paying for all of the financing that they may have taken out over the past decade on their current property. With home values dropping significantly, people from all across the country have been finding themselves “upside-down” in their homes and thus owing more than what the property was actually worth. The foreclosure rate across the nation has been rising significantly ever since this trend began to take effect, and many homeowners are left not knowing what to do when they have a second mortgage or home equity loan that they know that they cannot afford.
The good news is that you shouldn’t lose your home if only your second mortgage cannot be paid, and as long as you keep paying your first mortgage you should not worry about going into foreclosure. What typically happens when you cannot pay any secondary, or even tertiary mortgages involves a direct negotiation and settlement with the lender that holds the loan, and it is a rare occurrence for you to ever have to go into foreclosure.
The bank knows that if you cannot pay your first mortgage and your property does go into foreclosure that they will hold second position to the lender that holds your first mortgage, and they will thus only receive money that is leftover after the first mortgage gets paid off. They obviously don’t want this to happen because they can easily be left with nothing after the property is sold off, and it is thus in their best interest to work with you directly so that you can both come to some kind of agreement.
Dora