What To Do With Underwater Mortgage When Getting Divorced?

Getting Rid Of Underwater Mortgage When Divorced Getting divorced is always a bad situation, it gets worse when you have an underwater mortgage too. Who gets the home when divorcing with an underwater mortgage on the house?  Getting divorced is a moment Continue reading

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The Reformatted HARP Program Will Lift Underwater Mortgages

Reformatted Home Affordable Refinance Program There is a lot of expectations from the Reformatted HARP Program for underwater mortgages owners. At the end of September nearly 30% of the national mortgages where underwater, meaning borrowers had negative equity on their Continue reading

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New Home Underwater Refinancing Options

Homeowners Underwater Refinancing Options Homeowners underwater refinancing option are very narrow these days. Those who have exceeding mortgage balance of their property, know very well the ineffectiveness of trying to refinance. Refinancing options for underwater mortgages are limited because many lenders require Continue reading

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What Is An Upside Down Mortgage – And How To Refinance It?

Upside Down Mortgage? There is Still Hope When someone is upside down on the mortgage there are very little options to choose from. Too many homeowners who are currently underwater, are preferring to walk away from the mortgage than fall into a Continue reading

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FHA Underwater Mortgage Refinancing Requirements

FHA Negative Equity Mortgage Refinance Program Struggling underwater? There might be some hope for you with the FHA underwater mortgage refinancing program. The common way to refer to negative equity positions on mortgages, is to call them ‘underwater’. It is estimated Continue reading

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